[Congressional Record Volume 161, Number 110 (Wednesday, July 15, 2015)]
[House]
[Page H5184]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAXPAYERS' DOLLARS
(Mr. PAULSEN asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. PAULSEN. Mr. Speaker, the American people have an expectation
that the hard-earned money that they pay in taxes will not be wasted or
used fraudulently. However, we have seen far too many examples of the
Federal Government squandering taxpayer dollars.
Take the IRS, for example. We have learned the earned income tax
credit has an error rate of over 27 percent. That means taxpayer money
is wasted to the tune of $15 billion. Compare that to the private
sector, where Visa maintains an error rate of 0.06 percent.
In another shocking revelation, it was even discovered that a single
mailbox received 24,000 fraudulent tax returns, totaling $46 million.
One mailbox, Mr. Speaker.
In addition to fixing a broken Tax Code by making it simpler and
fairer, Washington needs to also be good stewards of taxpayer money,
making sure that taxpayer dollars are not wasted, are not misused, and
that there is appropriate oversight over the IRS.
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