December 6, 2021 5:15 pm

21 House Democrats urge Biden to nix IRS reporting requirement

Twenty-one vulnerable House Democrats urged President Biden on Wednesday to scrap a proposal to give the IRS information on bank accounts with more than $10,000 in annual deposits. The lawmakers told House Speaker Nancy Pelosi in a letter that they could not support the proposal after hearing from “hundreds of thousands of constituents” who fear…

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