WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that the Treasury’s budget has not kept pace with the expansion of the department’s workload, including administering major new COVID-19 relief programs and boosting tax compliance.
Yellen told the House Appropriations Subcommittee on Financial Services and General Government that Treasury’s fiscal 2022 budget request would include $13.2 billion in discretionary appropriations, plus $417 million to boost tax enforcement, in the first year of a “program integrity allocation” associated with President Joe Biden’s proposals to increase support for American families.
(Reporting by David Lawder)
