Democrats may soon cut the price tag of their latest spending bill somewhere below $3.5 trillion, but they are still desperate to get you to pay for some of it. That is why they are trying to raise $460 billion by taking your banking data.

Buried deep in the Democrats’ current $3.5 trillion spending bill is a section requiring all banks to provide data to the Internal Revenue Service on every account that had annual deposits or withdrawals worth more than $600.