Treasury department specifically looked at the program. Joining us on the phone is michael mckinney. He is with the treasury Inspector General for tax equation. He serves as the deputy ig for audits. Guest ep for joining us. Guest sure. Host what was the intent of this report . Guest we are required to review this process for reducing improper payments. The iris issues a report to us and with 120 days we issue a report. The earned income tax credit is really the Largest Program it has where they make taxpayers. That is the program we assess. Host you specifically looked at tax credits put out in 2012. What have you found out . Guest one of the main provisions in the executive requiredthe agency is to set reduction targets as well as a plan to achieve those reduction targets. 20 ad a pretty high rate of to read but the irs has not set any reduction targets were a plan to achieve those reduction targets. That is a major concern. When you say him properly pay, you mean payments that shoul
The sources familiar with the matter. Unocal which made ukrainian property collateral for the fifteen billion dollar bailout. This property include strategic facilities businesses are plants and possibly the Gas Transmission system. The supporters of the integration with your field of the country will have to join the Customs Union and reject the Eu Association for the generosity of moscow the president signed Bilateral Agreements with the Customs Union ukraine has been surrendered. Now we have to think of to cover this after the meeting with the unocal which led him to pull him said the issue of ukraines concession to the Customs Union was not discussed he said that the reduction of the cost of gas by one third from four hundred and forty two and sixteen point five dollars for one thousand cubic meters is a temporary measure the reduced price will come into effect next year ukraine to get the First Financial discount before the end of this week. Moscow intends to buy three billion dol
Senator, first off the air force understads the immediacy of necessity of Close Air Support. I believe the systems they have in place will provide us that immediacy. Again, as we use different platforms, we will have to work we will work through with the air force how we use those and how theyre best effective in supporting our Ground Forces as we move forward. Find it curious that you come over here with all the necessity for cost savings and the a10 costs for flying air is 17,000 for flying hour, the b1, 54,000 per flying hour. I as i said before, general welsh, i challenge you to find an army or a marine commander who is functioned in the field and needed Close Air Support that would feel comfortable with a b1 replacing the a10. Ill look forward to you providing me with those individuals. Fact is that the b1 is a much more expensive, it flies at high altitude, and it hit attacked static targets. That does not fulfill the mission of the of Close Air Support as i know it. Id be glad t
Department and the requirements of the combat commanders. Then we do a force Structure Assessment where we balance the predominantly ships but we look at all capabilities. Our ability to make the combat and commanders presence requirements and the operational plans as well as scenarios of the department. We roll all those factors in. That is done every time we change the strategy or make a tweak to the strategy and annual defense review. Briefly, jen amos. Weve done three on the last three years. First one teem took over a year of force Structure Review effort going on right after i took this job. The last one was in the face of sequestration last year. That designed a force to come from 202 to 175. Within that, though, we rooked at how we could afford that 175 force, we looked at pay grade. Were the youngest of all the services and so we have the we have probably we do, the lowest numbers of the top of six ranks. Theyre the most expensive in officer and enlisted side of the house. So,
We act like it came from out olympus. It is selfimposed. It is the wily coyote budget. The annville hit you on the head. We created this problem. It,an do something about you must go tear your hair out. He did have hair before sequestration. It is entirely selfimposed. Everybody around this Committee Talks about how terrible it is and yet we dont move to do anything about it. To make you dont want these cuts as you have presented them. You have to because this is a zerosum game. It is certainly in our best interest to be the best stewards of americas resources. There are things we would do anyway. Earlier, sequestration has made this a mindnumbing experience. The reality of the world we are in is a you are facing a zerosum game. If we dont accept your recommendations, that is 2. 1 billion a year that has to come from somewhere else. Absolutely. 18e wait we will have to billion. I heard of the personnel committee, this is a sensible alternative particularly when paired with the cuts to