Pelosi: ‘Yes,’ IRS ‘Tracking’ of Bank Accounts over $600 Still on Table as Opposition Grows

House Speaker Nancy Pelosi

U.S. House Speaker Nancy Pelosi, D-Calif., doubled down on the inclusion in a spending bill of a Democratic provision that would require banks to report to the IRS transactions for accounts holding over $600.

When asked Tuesday if the IRS monitoring would remain in Democrats’ proposed $3.5 trillion reconciliation legislation, Pelosi emphatically said “yes.”

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