Arizona State Treasurer Kimberly Yee Sends Letter to Sinema, Kelly Opposing Legislation to Allow IRS to Monitor Americans’ $600 or More Withdrawals and Deposits

Arizona State Treasurer Kimberly Yee sent a letter to Arizona’s Democratic Sens. Kyrsten Sinema and Mark Kelly urging them not to vote for legislation that would allow the IRS to monitor Americans’ bank accounts for transactions of $600 or more in withdrawals and deposits. The proposal is part of the Biden administration’s $3.5 trillion American Families Plan, the so-called “human infrastructure” bill. Scott Earl, the CEO & President of Mountain West Credit Union Association, also signed the letter, representing multiple credit unions. 

Yee, who is running for governor of Arizona, said, “As it stands now, this proposal would threaten the financial security of more than 100 million Americans from all demographics. If it passes, the government will conduct one of the largest data mining exercises in American history, risking the security of the banking system.”

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Biden Promotes ‘Free’ Community College for Americans, ‘Dreamers’

President Joe Biden touted a key part of his education initiative Monday, pushing for two years of free community college nationwide, but some critics question the long-term efficacy of his plan.

Biden spoke at Tidewater Community College in Norfolk, Virginia, to promote his proposal, which would provide, among other things, $109 billion for two years of tuition-free community college.

“Do we want to give the wealthiest people in America another tax cut, or do you want to give every high school graduate the ability to earn a community college degree?” Biden asked during his speech, arguing that 12 years of schooling is not long enough in the modern economy. “That’s why the American Families Plan guarantees four additional years of public education for every person in America – two years of universal, high-quality pre-school and two years of free community college.”

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President Biden Visits Virginia for ‘Getting America Back on Track’ Tour

Joe Biden at elementary school

President Biden and First Lady Dr. Jill Biden visited eastern Virginia Monday for the “Getting America Back On Track” tour. The President stopped at Yorktown Elementary School in Newport News, and gave a pitch at Tidewater Community College for his $1.8 trillion American Families Plan (AFP). He said expanding education for every American is critical to keep the U.S. competitive internationally, and called for tax increases on corporations and the wealthy to fund the plan.

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