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  • Casual Articles - Baucus Warns that IRS Budget Cut May Cost, Not Save

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    closure of 88,000 additional collection cases and 25,000 by-mail audits.

    Baucus qu

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    U.S. Senator Max Baucus (D-Mont.), Ranking Member of the Senate Finance Committee, says that the 1% cut in the 2006 budget of the IRS will actually cost the U.S. Treasury $1 billion in lost tax collection.

    IRS Commissioner Mark Everson recently reported that the funding rescinded in last year's Defense appropriations bill could have provided for the closure of 88,000 additional collection cases and 25,000 by-mail audits.

    Baucus quo

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    hat the 1% cut in the 2006 budget of the IRS will actually cost the U.S. Treasury $1 billion in lost tax collection.

    IRS Commissioner Mark Everson recently reported that the funding rescinded in last year's Defense appropriations bill could have provided for the closure of 88,000 additional collection cases and 25,000 by-mail audits.

    Baucus qu

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    ion in lost tax collection.

    IRS Commissioner Mark Everson recently reported that the funding rescinded in last year's Defense appropriations bill could have provided for the closure of 88,000 additional collection cases and 25,000 by-mail audits.

    Baucus qu

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    funding rescinded in last year's Defense appropriations bill could have provided for the closure of 88,000 additional collection cases and 25,000 by-mail audits.

    Baucus qu

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    closure of 88,000 additional collection cases and 25,000 by-mail audits.

    Baucus quotes a 2003 Government Accountability Office report that indicated that there would be substantial returns on the dollar for the kinds of enforcement activities that Everson reports have been cut from the budget for the year.

    "At a time when the IRS is struggling to close the annual $345 billion tax gap, it's clear that the 2006 across-the-board budg

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