Rep. Hern Condemns Speaker Pelosi's Announcement of Overreaching IRS Reporting Requirements
October 13, 2021
October 13, 2021
WASHINGTON, Oct. 13 -- Rep. Kevin Hern, R-Oklahoma, issued the following news release on Oct. 11, 2021:
Representative Kevin Hern (OK-01) released the following statement after Speaker Nancy Pelosi confirmed she plans to add provisions to the socialist spending package requiring private financial institutions to report transaction-level data on the inflow and outflow of any bank accounts over $600.
"We spent over 40 hours marking up the radical reconciliation bill . . .
Representative Kevin Hern (OK-01) released the following statement after Speaker Nancy Pelosi confirmed she plans to add provisions to the socialist spending package requiring private financial institutions to report transaction-level data on the inflow and outflow of any bank accounts over $600.
"We spent over 40 hours marking up the radical reconciliation bill . . .