NTEU Applauds Funding Boosts in Appropriations Bill Markup

The 5 percent increase in funding for the Internal Revenue Service (IRS) included in the fiscal 2010 Financial Services and General Government Appropriations bill markup by a key House subcommittee will result in additional tax revenue at a critical time for our nation, NTEU President Colleen M. Kelley said.

President Kelley applauded the administration’s proposal for a $600 million increase in IRS funding in fiscal 2010, and in particular its call to boost resources to address enforcement of the nation’s tax laws. The White House has proposed an IRS budget of $12.1 billion in fiscal 2010, up from $11.5 billion this fiscal year.

“Investing in enforcement operations at the IRS will result in additional tax revenue with an average return on investment of $5 for every $1 spent,” said President Kelley.

Increased enforcement staffing is a priority. “Over the past decade, the IRS has experienced a significant increase in the number and complexity of tax returns, while enforcement staffing declined by as much as 30 percent since 1995,” the NTEU leader noted.

NTEU also applauded the addition of $10 million over and above the president’s request for the Securities and Exchange Commission (SEC). NTEU requested the additional $10 million in resources for the SEC. More

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