Friday, November 11, 2011

IRS Buyout Packages

I saw today in Government Executive that the IRS is extending buyout packages to as many as 5,400 IRS employees. The buyouts are capped at $25,000 per person, and eligible employees have until November 22 to decide.
Why are they doing this?
Both the House and Senate have proposed cutting the IRS fiscal 2012 budget by up to $500 million.

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