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Stimulus Money Recipients owe Billions in Taxes: government

(Reuters) - Contractors and businesses that received money through the 2009 federal economic stimulus plan owe billions in unpaid taxes to the government, a federal auditor said on Tuesday.

The Government Accountability Office said that as of September 30, 2010, the total bill for unpaid taxes, including interest and penalties, was $330 billion.

By law the federal government can make grants to entities that owe taxes, so some of the outstanding bills were racked up before the stimulus plan was passed.

http://www.reuters.com/article/2011/05/24/us-usa-stimulus-id...



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