IRS Likely to Get More Money for "Enforcement"
Yesterday, the Senate Appropriations Committee approved a FY07 Treasury Appropriations bill that exceeds President Bush's request for both overall Internal Revenue Service funding and for enforcement activties.
The bill, approved by a vote of 28-0, would allocate approximately $10.7 billion to the IRS in FY07, $82.3 million above the FY06 level and $64.1 million above the President's FY07 request. Like its House counterpart, the Senate bill would restructure the IRS by dividing it into three accounts - enforcement, taxpayer services and operations support - and would permit the agency to transfer some funds between the accounts. Specifically, the Senate bill would allocate $4.79 billion to "enforcement" whereas the House bill, approved last month, would allocate $4.75 billion.
The bill, approved by a vote of 28-0, would allocate approximately $10.7 billion to the IRS in FY07, $82.3 million above the FY06 level and $64.1 million above the President's FY07 request. Like its House counterpart, the Senate bill would restructure the IRS by dividing it into three accounts - enforcement, taxpayer services and operations support - and would permit the agency to transfer some funds between the accounts. Specifically, the Senate bill would allocate $4.79 billion to "enforcement" whereas the House bill, approved last month, would allocate $4.75 billion.
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