The Wall Street Journal Editorial Board says a proposal to require banks to report annual cash flows for all account holders is "a privacy breach waiting to happen." Under the proposal, the Internal Revenue Service could review accounts over a $600 balance, or those with more than $600 of transactions per year.  The Editorial Board said the "threat of giving the IRS access to the details of your bank account is that politicians will eventually find a way to control how you save and spend your own money."