Political Quotes

“this amendment requires the IRS to submit a report on the debt indicator program which is currently used by the IRS to assist in tax filing and speeding up tax refunds where applicable. Senator Akaka has raised legitimate concerns on whether the debt indicator has led to the abuse of certain refund loans. While there are legitimate and appropriate refund loans, there is, unfortunately, some abuse of them. We need to address this problem. This amendment has been modified after discussion with our staff and the IRS. The PRESIDING OFFICER. Is there further debate on the amendment? If not, the question is on agreeing to the amendment. The amendment (No. 2101), as modified, was agreed to.”