{"database": "press", "table": "releases", "rows": [["https://www.rounds.senate.gov/newsroom/press-releases/rounds-colleagues-introduce-bill-to-block-democrats-irs-snooping-proposal", "Rounds, Colleagues Introduce Bill to Block Democrats\u2019 IRS Snooping Proposal", "2021-10-22", "2021", "2021-10", "Republican", "Senate", "SD", "Mike Rounds", "R000605", "www.rounds.senate.gov", "rounds", "https://www.rounds.senate.gov/newsroom/press-releases", "scraper", "WASHINGTON\u2014U.S. Senators Mike Rounds (R-S.D.), member of the Senate Banking Committee, Tim Scott (R-S.C.) and colleagues introduced the Prohibiting IRS Financial Surveillance Act to prevent the Internal Revenue Service (IRS) from implementing Democrats\u2019 plan to give the agency access to transaction information of virtually every American.\n\n\u201cI have heard from more than 5,000 South Dakotans who are opposed to the proposed IRS expansion and intrusive authority to monitor everyday Americans\u2019 bank accounts,\u201d said Rounds. \u201cI strongly oppose this attempt to invade the financial privacy rights of millions of Americans. Our bill prohibits the IRS from moving forward with this unprecedented access to taxpayer bank accounts. We must protect taxpayers from this power grab by the Biden administration.\u201d\n\nIn addition to Rounds, Scott\u2019s bill is cosponsored by the ranking members of the Senate finance and banking committees, Senators Mike Crapo (R-Idaho) and Pat Toomey (R-Pa.), as well as Senators Mitch McConnell (R-Ky.), John Thune (R-S.D.), John Barrasso (R-Wyo.), Joni Ernst (R-Iowa), Roy Blunt (R-Mo.), John Cornyn (R-Texas), Roger Marshall (R-Kan.), Thom Tillis (R-N.C.), Cynthia Lummis (R-Wyo.), Steve Daines (R-Mont.), John Kennedy (R-La.), Jerry Moran (R-Kan.), Kevin Cramer (R-N.D.), Richard Shelby (R-Ala.), Chuck Grassley (R-Iowa), Richard Burr (R-N.C.), Todd Young (R-Ind.), John Hoeven (R-N.D.), Cindy Hyde-Smith (R-Miss.), Roger Wicker (R-Miss.), Marsha Blackburn (R-Tenn.), Jim Risch (R-Idaho), Mike Braun (R-Ind.), Shelley Moore Capito (R-W.Va.), Ben Sasse (R-Neb.), Tom Cotton (R-Ark.), Mitt Romney (R-Utah), James Lankford (R-Okla.), Jim Inhofe (R-Okla.), Dan Sullivan (R-Alaska), Josh Hawley (R-Mo.), Marco Rubio (R-Fla.), Rick Scott (R-Fla.), Ted Cruz (R-Texas), Bill Hagerty (R-Tenn.), Tommy Tuberville (R-Ala.), Lindsey Graham (R-S.C.), Ron Johnson (R-Wis.), Rand Paul (R-Ky.), John Boozman (R-Ark.), Mike Lee (R-Utah), Susan Collins (R-Maine), Deb Fischer (R-Neb.) and Rob Portman (R-Ohio).\n\nBackground\n\nPresident Biden, Treasury Secretary Yellen, and the IRS are seeking access to every working American\u2019s financial information by requiring financial institutions to report annualized deposit and withdrawal amounts.\n\nThe \u201cProhibiting IRS Financial Surveillance Act\u201d would prohibit the Biden administration\u2019s proposed violation of privacy and federal government overreach.\n\nUnder the Biden reporting regime a family whose monthly expenses total just $833 would still be required to be reported to the IRS.\n\nNearly every American, even those below the poverty line, would be subject to this proposed reporting regime.\n\nThe Joint Committee on Taxation has analyzed the proposal and found that it is likely to impact taxpayers in every income bracket, including those making less than $50,000.\n\nSteven Rosenthal at the left-leaning Tax Policy Center concluded the bank reporting requirement proposal would, \u201cin fact, bury the agency in a sea of unproductive information.\u201d\n\nClick here to read the bill.", 1, "2026-03-30T01:40:41Z", "2026-04-06T20:24:51Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.rounds.senate.gov/newsroom/press-releases/rounds-colleagues-introduce-bill-to-block-democrats-irs-snooping-proposal"], "units": {}, "query_ms": 2.395717892795801, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}