"Earned" Income Tax Credit.
The Treasury Inspector General for Tax Administration reports that the IRS is still making billions in “improper payments” related to the Earned Income Tax Credit – to the tune of $13- to $15 billion in 2013. This waste and abuse has been happening for years, despite a few GOP attempts to stop it. Democrats want their voters to get cash from Uncle Sugar, and they even blocked a Republican attempt to redirect the EITC mis-payments to fully fund veterans’ benefits. Not to worry; the IRS says it takes tax fraud “very seriously” and is “exploring a wide range of options to distinguish valid claims from excessive ones.” We’ll bet if the payments were going to Tea Partiers they’d stop tomorrow.