Tax Gap, Incorrect Payouts Roughly Equal Fed. Deficit: GAO

By Chuck Stanley (May 4, 2017, 2:45 PM EDT) -- Tax underpayment and erroneous government program payouts account for more than 93 percent of the 2016 federal budget deficit and exceed the 2015 deficit by more than $110 billion, U.S. Comptroller General Gene L. Dodaro told the House Committee on Budget Wednesday....

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