$406 billion a year of undercollections, about $145 billion of improper payments, add those together, it is almost--well, it is slightly above this year's projected deficit.
Angus King: “$406 billion a year of undercollections, about $145 billion of improper payments, add those together, it is…”
Editor's note · Context
King highlights the significant financial issues of tax undercollections and improper payments.
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