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Floor Speech

Date: Dec. 15, 2022
Location: Washington, DC

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Mr. SCOTT of Florida. 1437 with amendment No. 6540.

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Mr. SCOTT of Florida. Mr. President, everyone in this Chamber spoke about the pain American families are feeling as they deal with the raging inflation brought on by Joe Biden's reckless spending, so it was shocking to many of us when Senate Democrats approved $70 billion to supersize the IRS with 87,000 new agents. That means more audits on families and small businesses just as they struggle to get by thanks to skyrocketing prices.

What is worse, the Biden administration is also changing IRS standards to begin tracking financial transactions Americans make in excess of $600 to vendors like Cash App and Venmo and PayPal. It is an outrageous violation of Americans' privacy. It is stuff we see in communist China.

That is why I filed an amendment to strike the funding for the new IRS agents to prevent the IRS from spying on your bank accounts.

I urge my colleagues to protect Americans' privacy, stop the ridiculous audits on families, and support my amendment.

I yield back my time.

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Mr. SCOTT of Florida. I yield back.
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