Earned Income Tax Credit Issues
William McBride talked about the earned income tax credit (EITC), and he responded to telephone calls and electronic… read more
William McBride talked about the earned income tax credit (EITC), and he responded to telephone calls and electronic communications. He discussed how the EICT works, who gets refunds, the amount of improper payments and what is being done to keep those mistakes from happening.
Michael McKenney was interviewed by phone about a Treasury Department inspector general report that found that roughly 25 percent of earned income tax credits (EITC) should never have been made. The EITC is targeted toward low-income singles and working families.
This program was part of C-SPAN’s “Your Money” series. Each Monday morning the last hour of “Washington Journal” is devoted to a federal program, focusing on its mission, participants, and cost. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- William McBride Chief Economist Tax Foundation
- Michael E. McKenney Deputy Inspector General (Acting) Department of the Treasury->Audit
- Pedro Echevarria Host C-SPAN
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