Hatch on Treasury Inspector General Report on Improper Earned Income Tax Credit Payments

Treasury IG Finds Between 23 and 28 Percent of All Payments Were Improperly Issued

WASHINGTON - U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, issued the following statement today after the Treasury Department’s Inspector General for Tax Administration issued a report that found that between 23 and 28 percent of all Earned Income Tax Credit payments totaling between $11 billion and $13 billion for fiscal year 2009 were improperly issued:

“I’m extremely disappointed with the IRS’ failure to effectively confront improper earned income tax credit payments. Furthermore, the Treasury Inspector General for Tax Administration’s report is an absolute indictment on how badly the IRS has handled this. It’s been nine years, and the IRS’s own estimate found that one-fourth of all of payments are issued improperly. That’s unacceptable and I have already contacted the IRS to make clear to them that this situation needs to be fixed as soon as possible.”

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