McConnell says Schumer spouting ‘utter nonsense’ about election bill
By Brooke Singman
EXCLUSIVE: Senate Minority Leader Mitch McConnell and Republican Sen. Mike Braun are rolling out a measure Thursday that would prevent Democrats from “weaponizing” the Internal Revenue Service to target conservatives, by codifying a Trump-era rule that would protect groups regardless of their political ideology, and prevent the IRS from doxing donors, Fox News has learned.
Fox News exclusively obtained the legislation on Wednesday, titled the “Don’t Weaponize the IRS Act,” which would ensure that certain tax-exempt groups are no longer required to provide the names and addresses of major donors on annual returns filed with the IRS.
The bill would, though, require the tax-exempt groups to report to the IRS the amounts of donations from their substantial donors, while maintaining the names and addresses of those donors for their own records.
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