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CNN EXCLUSIVE: Pentagon security clearance holders owe $730M in taxes  

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Mon, 28 Jul 14 5:24 PM | 82 view(s)
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CNN EXCLUSIVE: Pentagon security clearance holders owe $730M in taxes
By Evan Perez, CNN updated 7:56 AM EDT, Mon July 28, 2014

(CNN) -- About 83,000 Defense Department employees and contractors with security clearances to protect the nation's secrets have delinquent federal tax debts totaling $730 million, according to an internal government audit.

The findings in the new Government Accountability Office study raise security concerns for the U.S. government. Officials say employees and contractors who have financial problems are top targets of foreign intelligence agents.

Federal regulations governing security clearances say that a person "who is financially overextended is at risk of having to engage in illegal acts to generate funds" and that indebtedness should be among factors considered when someone applies for a clearance, the GAO study said. But the study found that government agencies in charge of the issue can't readily collect data on tax debt, in part because IRS privacy rules prohibit sharing certain taxpayer data.

The GAO study is expected to be released Monday. CNN reviewed a copy prior to the release.

more:
http://www.cnn.com/2014/07/28/politics/delinquent-taxes/index.html?hpt=hp_t2




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