♪.
ELIZABETH: BACK WITH US NOW THE
RANKING MEMBER HOUSE BUDGET, WE
LOVE HAVING HIM ON, HE IS A
STRAIGHT-SHOOTER, HE IS
CONGRESSMAN JASON SMITH.
CONGRESSMAN, THANKS FOR JOINING
US.
IT IS GOOD TO SEE YOU.
>> GOOD TO SEE YOU, LIZ.
ELIZABETH: WHY DO THE DEMOCRATS
WANT A MORE POWERFUL IRS TO
AUDIT PEOPLE?
THE GOVERNMENT TOOK IN
1.3 TRILLION THIS YEAR.
THAT IS UP 13%.
HALF OF THAT IS INDIVIDUAL
INCOME TAXES.
SO WHAT ARE THEY DOING?
>> LIZ, IT IS ALL ABOUT MORE
COMMAND-AND-CONTROL OVER THE
LIVES OF ALL AMERICANS.
IN FACT $80 BILLION IN THIS
HORRIBLE SPENDING BILL BEING
VOTED ON IN CONGRESS TOMORROW IS
GOING HIRE87 THOU NEW IRS
AGENTS.
WHO WILL THEY TARGET?
THEY WILL TARGET WORKING CLASS
FAMILIES, IT IS PROJECTED,
PROJECTED, FAMILIES THAT MAKE
LESS THAN $75,000 A YEAR THEY
WILL SEE AN ADDITIONAL 700,000
FAMILIES THAT WILL BE AUDITED
UNDERNEATH THIS.
YOU’RE TALKING ABOUT SPENDING 14
TIMES MORE OF THAT $80 BILLION
FOR ENFORCEMENT RATHER THAN
CUSTOMER SERVICE.
I THINK PEOPLE WANT CUSTOMER
SERVICE OUT OF THE IRS.
THEY DON’T WANT THEM TO COME IN
TO LOOK UNDERNEATH EVERY COUCH
CUSHION TO SEE IF THEY’RE HIDING
A COUPLE PENNYS.
>> SENATOR JOHN KENNEDY ALONG
WITH YOU, THEY HAVE BEEN, HE HAS
BEEN OUTRAGED ABOUT THIS.
LET’S LISTEN TO SENATOR KENNEDY.
WATCH.
>> WITH RESPECT TO THE IRS THE
PURPOSE OF THE IRS PROVISIONS IN
SENATOR BIDEN AND
SENATOR MANCHIN’S INFLATION
MACHINE BEEN IS TO RAISE MONEY,
JUST PLAIN AND SIMPLE.
THEY’RE GOING TO UNLEASH IRS ON
THE AMERICAN PEOPLE TO RAISE
MONEY.
NOW PRESIDENT BIDEN OF COURSE
SAYS WELL WE’RE ONLY GOING TO
UNLEASH THE IRS ON THE WEALTHY.
WITH RESPECT IF HE BELIEVES THAT
HE ALSO BELIEVES IN THE TOOTH
FAIRY, THE EASTER BUNNY AND THE
JIMMY HOFFA DIED OF NATURAL
CAUSES.
I JUST DON’T BELIEVE THAT.
ELIZABETH: SO HE DOESN’T BELIEVE
IT.
WHY DOESN’T HE BELIEVE IT?
>> YOU KNOW I ALWAYS APPRECIATE
HOW SENATOR KENNEDY USES HIS
WORDS AND HE IS EXACTLY RIGHT, I
DON’T BELIEVE IT.
THEY ARE, THEY ARE PUTTING
$80 BILLION TO THE IRS WITH THE
EXPECTATION THAT THEY’RE GOING
TO BRING IN $200 BILLION.
THE ONLY REASON WHY YOU WOULD
BRING IN $200 BILLION IS BECAUSE
YOU’RE FINDING MORE MONEY FROM
TAXPAYERS BY HAVING A MORE
AGGRESSIVE AUDITS, NUMEROUS MORE
AUDITS.
THAT IS IN FACT WHAT THEY’RE
GOING TO DO.
SENATOR KENNEDY IS DEAD ON.
IT IS ABOUT TARGETING
HARD-WORKING AMERICANS.
ELIZABETH: WE HAVE NEWS COMING
IN.
BY THE WAY, RICH, WEALTHY, THEY
CAN AFFORD ACCOUNTANTS AND TAX
LAWYERS.
THE MIDDLE CLASS AND LOWER
INCOME CAN’T.
SO THEY’RE LEFT VULNERABLE.
SENATE DEMOCRATS CONSISTENTLY
REJECTED GOP AMENDMENTS TO STOP
THE IRS FROM TARGETING PEOPLE
MAKING LESS THAN 400-K A YEAR.
NOW THIS NEWS COMING IN,
TREASURY SECRETARY JANET YELLEN SAYING SHE WILL DIRECT THE IRS
SAYING SHE WILL DIRECT THE IRS
NOT TO USE NEW FUNDING TO AUDIT
LOWER MIDDLE CLASS AND LOWER
INCOME TAXPAYERS.
HOW STRONG IS THAT?
>> THEY’RE HAVING REALITY.
PEOPLE ARE FIGURING OUT WHAT IS
IN THE 700 PAGE BILL THEY’RE
TRYING TO PUSH THROUGH CONGRESS
WITHOUT THE AMERICAN PEOPLE
KNOWING ABOUT IT AND THERE A LOT
OF PUSHBACK.
AMERICANS DO NOT WANT THE IRS TO
BE DOUBLED.
THEY DO NOT WANT 87,000 MORE
AGENTS.
YESTERDAY IN THE RULES COMMITTEE
HEARING WE WERE IN FOR THREE
HOURS, THE DEMOCRATS WERE TRYING
TO JUSTIFY THIS IS ABOUT
CUSTOMER SERVICE NOT
ENFORCEMENT.
ONLY 4% OF THE 80 BILLION IS
ONLY FOR CUSTOMERS SERVICE.
ELIZABETH: WHAT DO THEY WANT TO
JUSTIFY FOR, $370 BILLION ON
CLIMATE SPENDING FOR WHAT?
WHERE IS ALL THAT MONEY GOING?
>> THAT IS A GREAT QUESTION,
OBAMA’S APPOINTED IRS
COMMISSIONER SAY AT THE MOST YOU
NEED $25 MILLION.
SO BIDEN IS ASKING, 25 BILLION.
SO BIDEN IS ASKING FOR THREE
TIMES THAT AMOUNT.
YOU’RE LOOKING AT THE SPENDING
BILL OF 745 BILLION.
MORE THAN 400 BILLION OF THIS
SPENDING BILL GOES TOWARDS
IMPLEMENTING THE GREEN NEW DEAL.
1 1/2 BILLION DOLLARS IS TO
PLANT TREES.
THE WASTEFUL PROJECTS THAT IS IN
IT, HOW IT ES REWARDING WEALTHY
ENVIRONMENTALISTS IS ABSURD.
THIS BILL SAYS THE WORD
ENVIRONMENT AND GREEN SEVEN
TIMES OF WHAT THEY ADDRESS
INFLATION.
THIS IS NOT AND INFLATION
REDUCTION ACT THIS IS AND
INFLATION EXPANSION ACT.