Sessions Comments On IG Report Revealing $20 Billion In
Improper Tax Credit Payments Last Year
WASHINGTON-U.S. Senator Jeff Sessions (R-AL), Ranking Member
of the Senate Budget Committee and a senior member of the Senate Judiciary
Committee, issued the following statement today regarding a new
report<http://www.treasury.gov/tigta/auditreports/2014reports/201440093fr.pdf>,
just released by the Treasury Inspector General for Tax Administration, finding
that $20 billion or more in improper payments were disbursed under just two tax
credit programs in a single year:
"The President's own Treasury Department Inspector
General has found that one in four dollars of Earned Income Tax Credit payments
were made in error last year-amounting to more than $14 billion. What's more,
the Additional Child Tax Credit was paid in error as much as 30 percent of the
time.
This is unimaginable. Clearly, the new Republican Congress
must restore immediate control and oversight of these programs.
Today's report comes on the heels of revelations that the
Obama Administration will, as part of the President's illegal executive
amnesty, make these free tax credits available to 5 million illegal immigrants.
The massive fraud and error rates identified today in these programs suggest
that illegal immigrants-now made eligible to receive these benefits by Obama's order-will be able to
obtain even larger taxpayer handouts due to enormous susceptibilities in the
system."
Source: Jeff Sessions, December 9, 2014, For Immediate
Release, Contact: Stephen Miller, 202.224.4124
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