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As Congress considers critical new infrastructure spending, policymakers are eyeing unconventional sources of revenue to fund their plans.

One proposal under consideration would require credit unions and other financial institutions to report to the Internal Revenue Service (IRS) how much money has gone into and out of accounts holding more than $600.

 

Click to Contact your Representatives to stop this invasion of your privacy!

 

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FAQ
FAQ

What is a debit card? What is a check card?

The terms "debit card" and "check card" mean the same thing. A debit card withdraws money from your checking account as a check does; therefore, it debits your account. It can also withdraw money from your savings account, if you have it set up that way when you ask for a card. It can be used to make purchases at any retail establishment that displays the VISA logo.

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