Sheldon Whitehouse actually said...

The IRS conservatively estimates the tax gap--the difference between taxes owed and taxes collected--to be $441 billion per year.

. . . we need to continue to work on FATCA compliance. It's too bad that we couldn't put an extra `T' on it. Then it would say FATCAT, which...

And will you help us define whatever we may need to do legislatively, or by way of oversight, to make sure we close that gap?

I am on the Budget Committee where we look at 10-year increments, and your testimony that there is a 10-year increment out there of taxes ow...