Pete Sessions: “I'm starting to get it. The IRS has a lot of work to do, and then as accounts become older because they don't get to…”

“I'm starting to get it. The IRS has a lot of work to do, and then as accounts become older because they don't get to those and they become 2, 3, 4, 5 years old but they are still debts that are owed this country, the IRS now, or at least we are led to believe this, would go collect that money when they hadn't done it their first 5 years. Well, Mr. Speaker, it's not true. They will not go collect these accounts. They are old. And the point is it's still a debt that is owed to the United States Government. And that's where these private collectors come in. Private collectors that collect for at least 40 out of 50 States. Private collectors that have a 100 percent rating. Mr. Speaker, what we're trying to say is that the IRS probably does do a good job with what it does do. But when it has not handled an account, it is unwise and bad for the taxpayer not to receive that money that is due from its services and from the taxes that took place, and that's what these collectors are all about.”