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January 21, 2010

Obama Targets Delinquent Gov’t Contractors
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The expected announcement comes one day after President Obama signed an
executive order to crack down on government contractors who avoid paying
taxes.

President Obama: “I’m directing my budget office, together with the
Treasury Department and other federal agencies, to take steps to block
contractors who are seriously delinquent in their taxes from receiving
new government contracts. I’m also directing the IRS to conduct a review
of the overall accuracy of companies’ claims about tax delinquencies.”

Previous government studies have found thousands of companies have
received government contracts despite owing billions in taxes.



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