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Posted at 12:56 PM ET, 02/14/2011

Budget 2012: Treasury Department

By Brady Dennis

The administration's $14 billion proposed budget for the Treasury Department represents a 4 percent bump from the budget that was enacted in 2010.
 
One key beneficiary: the Internal Revenue Service, which must oversee new tax-compliance issues related to the far-reaching financial overhaul that passed last year, as well as the new health-care law and other initiatives. The administration said some of the funds also would go toward initiatives intended "to maximize collection of unpaid debt from individuals and businesses."
 
By contrast, the continuing budget resolution proposed last week by Republican lawmakers would seek to cut Treasury's budget by more than $1 billion compared with the 2010 enacted levels. The IRS also would see its funding trimmed.
 
Meanwhile, both proposals would provide ongoing support for the oversight and wind-down of the Troubled Assets Relief Program.

View agency budget document (Annotated PDF)

Budget 2012 analysis: Full list of agencies

By Brady Dennis  | February 14, 2011; 12:56 PM ET
Categories:  44 The Obama Presidency, The Agencies, The Budget  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Budget 2012: Food and Drug Administration
Next: Budget 2012: USDA

Comments

He needs to eliminate these agencies wasting money on these young inexperience college grads entering into the Federal workforce earning 50-55,000 yearly and moving up earning more pay within 3-6 months?!?!...why???...because they are white and whites look out for whites, but someone needs to be a fly on the wall and see exactly what goes on at these agencies because from my knowledge the blacks have the menial work and the whites have work of substance when it does not take a "rocket-scientist" to perform the duties the caucasians perform earning the salary they are earning!!! Sad, but that's why "chocolate city" is no longer "chocolate city"...Mayor Gray, bring our true city back and look out for us the way Marion Barry did... Please, President Obama, visit these Federal agencies and see first-hand why the Federal government is in the budget-deficit it is in!!!

Posted by: 0126 | February 15, 2011 10:11 AM | Report abuse

More funding to the IRS, ridiculous.

Posted by: drowningpuppies | February 14, 2011 7:16 PM | Report abuse

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