Thursday, February 6, 2014

WASHINGTON -- Five members of the Senate Finance Committee today expressed strong disappointment at the IRS's decision to award $62.5 million of employee bonuses, despite government-wide budget cuts, and asked for reconsideration of the decision and an explanation of current and future bonus plans.

Sens. Chuck Grassley (R-Iowa); Orrin Hatch (R-Utah), Ranking Member of the Finance Committee; Pat Roberts (R-Kan.); John Cornyn (R-Texas); and Richard Burr (R-N.C.) wrote to IRS Commissioner John Koskinen to express their concerns.

The senators called the bonuses "an insult to taxpayers," given the IRS's "deterioration in performance" due to budget constraints and government-wide guidance to restrict bonuses as much as possible during the mandatory budget cuts known as "sequestration."

"Sequestration has forced everyone to make difficult decisions when it comes to spending," the senators wrote to Koskinen.  "The American people are looking to the government to make responsible fiscal choices and use their taxpayer dollars in the most effective way.  The IRS's decision to spend $62.5 million on bonuses is a violation of the public's trust.  We strongly urge you to reconsider your decision."

The Finance Committee has jurisdiction over the IRS.  The text of the senators' letter is available here.

-30-

Support the River Cities' Reader

Get 12 Reader issues mailed monthly for $48/year.

Old School Subscription for Your Support

Get the printed Reader edition mailed to you (or anyone you want) first-class for 12 months for $48.
$24 goes to postage and handling, $24 goes to keeping the doors open!

Click this link to Old School Subscribe now.



Help Keep the Reader Alive and Free Since '93!

 

"We're the River Cities' Reader, and we've kept the Quad Cities' only independently owned newspaper alive and free since 1993.

So please help the Reader keep going with your one-time, monthly, or annual support. With your financial support the Reader can continue providing uncensored, non-scripted, and independent journalism alongside the Quad Cities' area's most comprehensive cultural coverage." - Todd McGreevy, Publisher