Pelosi “very disappointed” that original spending bill won’t pass, tells media IRS plans are on



House Speaker Nancy Pelosi made her feelings very clear when she said that she was “very disappointed” that the original $3.5 trillion package has to be shrunk to pass in the Senate. She told reporters that she thought that the media didn’t do enough to get the proposal across to Americans as a poll showed that few Americans knew what was part of the plan.

In a statement released late Monday evening, the House Speaker said that although they were talking of a smaller bill, it would have an impact. She didn’t mention which of proposed plans could be cut form the bill. However, she did mentioned that the “Build Back Better agenda for jobs and the planet For The Children” would have a have a “transformative impact on families in the workplace and responsibly address the climate crisis.” She also mentioned that the duration of the plans could be shortened.

During a news conference, a reporter had told her that banks were fielding anxious calls from customers who were worried about the IRS proposal in the bill. The proposal says that banks have to hand over transaction details on accounts that cross $600.

When asked if the proposal would remain, she answered, “Yes, yes, yes.”

Pelosi said that although there were concerns about the proposal, it would only apply if people were breaking the law and not paying taxes. The banking measure was one way to track them. She said that negotiations about the amount that will be tracked could go on but the proposal will remain.

Several states told the Daily Mail that they would be non compliant saying that the public was against the proposal. The Office of Tax Analysts said that the proposal could net in an addition $463 billion over the next ten years.

Pelosi also told the media that they could have done a “better job of selling it” when asked if she and the Democrats needed to do a better job at messaging and selling the proposal to the people of America.

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