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1 (2017)

handle is hein.cbhear/fdsysasjq0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP FINANCIAL SERVICES AND GENERAL GOV- ERNMENT APPROPRIATIONS FOR FISCAL YEAR 2018 WEDNESDAY, JULY 26, 2017 U.S. SENATE, SUBCOMMITTEE OF THE COMMITTEE ON APPROPRIATIONS, Washington, DC. The subcommittee met at 10:01 a.m., in room SD-138, Dirksen Senate Office Building, Hon. Shelley Moore Capito (chairwoman) presiding. Present: Senators Capito, Moran, Boozman, Lankford, Daines, Coons, Durbin, Manchin, and Van Hollen. DEPARTMENT OF THE TREASURY STATEMENT OF HON. STEVEN T. MNUCHIN, SECRETARY OPENING STATEMENT OF SENATOR SHELLEY MOORE CAPITO Senator CAPITO. Want to go ahead and come up. We will just go ahead. Oh, we are going to do Secretary-I am sorry-Secretary Mnuchin first. Okay. Well, welcome to everybody and good morn- ing. Senator Coons and Senator Lankford. Today we had the opportunity to review the budget requests of the Department of Treasury and the Internal Revenue Service. As we begin this important hearing, we welcome our witnesses today, Treasury Secretary Steven Mnuchin, IRS Commissioner John Koskinen-I should know that from our common alma mater-and the Treasury IG for Tax Administration, Russell George. Thank you for being here. The Department of the Treasury has an important mission. Its work is to promote economic growth and stability and safeguard our financial system, which is critical to maintaining a strong econ- omy and creating economic opportunity. Equally important is its work to combat terrorism, the proliferation of weapons of mass de- struction, money laundering, drug trafficking, and other national security threats. The Internal Revenue Service has the significant role of admin- istering our Nation's tax laws. To carry out these responsibilities effectively, taxpayers must have the faith that the IRS will do its job without regard to an individual's exercise of their constitutional rights. The IRS must also protect taxpayers' personal information and privacy. As the IRS continues to evolve and make changes to its service delivery systems, there must be improvements in its (1)

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