Federal Agencies Stumped By 158 Tax Expenditures Worth $1.2 Trillion

Federal agencies can’t identify 158 tax expenditures worth a whopping $1.20 trillion in forgone revenue for Fiscal Year 2015, according to a recent report released by the Government Accountability Office. The findings show the Office of Management and Budget nor the federal agencies have made significant strides to show how the expenditures’ are being utilized toward…