Biden using fishy global warming data to push crippling tax hikes

U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) today said that the data on global warming is not clear enough to justify imposing new regulatory burdens on consumers. In his opening statement during today’s Senate Banking Committee hearing, Senator Toomey argued that regulators must avoid the temptation to think they are smarter than the market, … Continue reading Biden using fishy global warming data to push crippling tax hikes

IRS bureaucrats still targeting Americans over religious and political beliefs

Congressman Ronny Jackson (TX-13) announced that his amendment to H.R. 4502 passed on the Floor of the U.S. House of Representatives. The amendment prohibits the IRS from targeting people based on their political beliefs. His amendment is in response to the Lois Lerner scandal which occurred during the Obama-Biden Administration. In that case, the IRS … Continue reading IRS bureaucrats still targeting Americans over religious and political beliefs

Infrastructure bill invents new tax on cryptocurrency

U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) released the following statement regarding a provision in the bipartisan infrastructure package that would tax cryptocurrency transactions: “Congress should not rush forward with this hastily-designed tax reporting regime for cryptocurrency, especially without a full understanding of the consequences. By including an overly broad definition of broker, … Continue reading Infrastructure bill invents new tax on cryptocurrency

IRS must answer questions on illegal private data leak to leftist attack group

House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) wrote Internal Revenue Service (IRS) Commissioner Charles Rettig demanding answers about continued leaks of personal financial information and any efforts to stop ProPublica from publishing additional articles containing taxpayer return information.  “No exception exists for providing information to a news or so-called public interest organization. It is therefore deeply disturbing that ProPublica—or … Continue reading IRS must answer questions on illegal private data leak to leftist attack group

VIDEO – Lee slams crippling spending hikes

Sen. Mike Lee (R-UT) voted against the motion to proceed to the $1.2-trillion Bipartisan Infrastructure Investment and Jobs Act today. The full text of the large bill and Congressional Budget Office Score have yet to be released.Of new spending amidst growing inflationary pressures and mounting federal debt, Sen. Lee said, “We are already seeing skyrocketing costs for … Continue reading VIDEO – Lee slams crippling spending hikes