Treasury Postal Service And General Government Appropriations for Fiscal Year
Treasury Postal Service And General Government Appropriations for Fiscal Year
Postal Service United States Congress House Committee On Appro
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Mr. Lightfoot. Thank you, Mr. Chairman. 46 TIGHTENING ELIGIBILITY FOR REVENUE FORGONE Mr. Hoyer. I have other questions, but I will get back to them in the next round. Mr. Lightfoot. General, thank you again for coming this morn- ing. As far as revenue forgone, what portion of your overall budget is that percentage-wise? Mr. Runyon. Our budget is about $47 billion and we have got, roughly, a billion dollars in revenue forgone that is not there, so roughly 2 percent. identification of those rece...iving benefit Mr. Lightfoot. Two percent of the overall budget. In just think- ing out loud in ways to deal with this situation, again depending on what happens with the funding mechanism, for those people who are qualified to send mail, like on your list here, the so-called reve- nue forgone, would it be advantageous maybe to determine the or- ganization's tax status, using IRS records, and so on, to make sure that we are only getting people that would definitely qualify, or maybe you could have a secondary rate of some kind for those that do have a profitable organization?
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