Daily many 1979 cspan was created as a Public Service by americas Cable Television companies. And is brought to you today by your cable or satellite provider. At a Senate Hearing on government waste federal officials testified about ways to save money by preventing fraud and removing a necessary regulation. Senator john johnson shares Homeland Security and Government Affairs committee. This is an hour and 0 minutes. 40 minutes. All right. [silence] morning this hearing will come to order. I want to welcome my witnesses, appreciate your time, your testimony, and look forward to your oral testimony and answering pretty interesting questions. I frequently say from this podium that general and Inspector Generals are, you know, our goal two agencies in government. Doing so much to route out and identify and eliminate ways fraud abuse and prals which this hearing is about is reports by gao that started with a simple amendment offering and by senator colburn in increase in debt ceiling someth
The key word is trying to come up with a solution is not sure we have arrived at that. After the october 2016 discovery that the dit could be vulnerable the irs is monitoring for any suspicious activity, we engaged with our friends. And asked them, and suspicious activity in january. And an incident in february, multilayer Defense Mechanisms, one of the mechanisms is notification to the address record for the individual. That led us to identify the we had an issue, we were able to find that in fact there is fraud that has taken place and immediately shut down the application. It is not discovered by accident. It was a notice generated from the taxpayer. The taxpayer came in and notified us. Taking responsibly for the irs, and the applications face. Please her young peoples lives at stake, to fit their unraveling that. The gentleman yields back. The chair would like to recognize the gentlelady from new jersey for five minutes. Good morning to all of you. In september the Inspector Gener
The key word is trying to come up with a solution is not sure we have arrived at that. After the october 2016 discovery that the dit could be vulnerable the irs is monitoring for any suspicious activity, we engaged with our friends. And asked them, and suspicious activity in january. And an incident in february, multilayer Defense Mechanisms, one of the mechanisms is notification to the address record for the individual. That led us to identify the we had an issue, we were able to find that in fact there is fraud that has taken place and immediately shut down the application. It is not discovered by accident. It was a notice generated from the taxpayer. The taxpayer came in and notified us. Taking responsibly for the irs, and the applications face. Please her young peoples lives at stake, to fit their unraveling that. The gentleman yields back. The chair would like to recognize the gentlelady from new jersey for five minutes. Good morning to all of you. In september the Inspector Gener
Nation in front of his own interests because thats what jackson did for most of his presidency. Sunday night at 8 00 eastern on cspans q a. The House Oversight Committee Held a hearing on a data breach in the Online Student loan application known as fafsa. Hackers used a flaw in the system to steal irs filing information on as many as 100,000 taxpayers. Irs and Education Department officials testified at this two and a half hour hearing. Good morning. The committee on oversight and government reform will come to order. Without objection, the chair is authorized to declare a recess at any time. The chair notes the presence of our colleague congressman bobby scott from virginia. We appreciate his interest in this topic and welcome your participation today, sir. I ask unanimous consent that he be allowed to fully participate in todays hearing. Without objection, it will be so ordered. I would also like to ask unanimous consent to ent sbeer the record statements from the following organiza
To talk about funding for various Treasury Department programs. This is long over an hour and a half. Welcome to everybody. Good morning. Senator coons, senator lankford, looking at earlier. Today with the opportunity to review the budget request of the department of the treasury and the Internal Revenue service. As we begin this important hearing, we welcome our witnesses with us today treasury secretary steven mnuchin, irs commissioner John Koskinen and the treasury ig for Tax Administration, russell george. Thank you for being here. The department of the treasury ahas an important mission. Its work is to promote Economic Growth and stability and safeguard our Financial Systems, which is critical to maintaining a Strong Economy and creating economic opportunity. Equally important is its work to combat terrorism. The proliferation of weapons of mass destruction money moneylaundering, Drug Trafficking and other National Security threats. The Internal Revenue service has significant rol