WASHINGTON – During the pandemic, fraudsters and international crime rings stole hundreds of billions of American tax dollars that were supposed to be spent on pandemic relief. The U.S. Government Accountability Office estimates that instances of fraud in the unemployment insurance program alone have cost as much as $135 billion while outside experts have estimated up to $400 ...
WASHINGTON, D.C. – Americans will be powerless against an agency that is now going to be tax preparer, filer, and auditor as part of the IRS’s soon-to-be released e-file system, which ...
Even though the Treasury Inspector General for Tax Administration released a report showing that taxpayers are uninterested in the IRS ...
WASHINGTON – With $16 billion in improper payments over the last five years, beneficiaries living on fixed incomes who rely on Social Security for their livelihood face challenging outcomes where they may receive less than they are owed or are overpaid and hit with bills to recoup those payments years later. During a Ways and Means Social Security ...
Washington, D.C. – House Committee on Ways and Means Chairman Jason Smith (MO-08) and Ranking Member Richard Neal (MA-01), along with Senate Finance Committee Chairman Ron Wyden (OR) and Ranking Member Mike Crapo (ID) formally introduced legislation to relieve ...
As prepared for delivery. "Good morning and welcome to today’s Oversight Subcommittee hearing on investigating pandemic fraud and preventing history from repeating itself. "We have all seen the headlines – 'Biggest fraud in a generation,' 'Easy money,' 'The Great Grift.' These terms were used to describe the historic ...
As prepared for delivery. "Thank you Chairman Schweikert and Ranking Member Pascrell. "Part of our oversight responsibilities here in Congress is to assess when the fraudulent use of tax dollars occurs and account for what has been lost. But the American taxpayer also expects us to put an end to as much of that fraud as we ...
Nearly three years after President Trump signed into law the No Surprises Act, which contained historic new consumer protections for patients and their families against surprise medical billing, the Administration has struggled to fully implement the law as Congress wrote it. As members
"We've got a lot of work to do on improper payments. That's what we're here to discuss today. One thing that I think that we all agree on is that way too many Americans now have the burden of having to deal with an overpayment. And I believe that we have to come together in a way that makes sure that those people are not caused additional harm or suffering. We will get to that conversation. I ...
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement blasting organizations and U.S. universities for their statements, or failure to condemn statements issued by student organizations, of support for Hamas and the barbaric acts of terrorism committed against the Jewish people in Israel. Chairman Smith said, “To say I ...