Furious Over Scandals, House Guts IRS Budget, Blocks Performance Bonuses

Tristyn Bloom The Daily Caller 7/16/2014

The House voted to block performance bonuses for senior Internal Revenue Service executives Wednesday, The Hill reported.

“Giving out bonuses is ludicrous and amounts to a slap in the face to the American public,” said Rep. Paul Gosar, who introduced the amendment. “They should not be given performance awards […]

Were bonuses tied to VA wait times?

2 reports released this week investigate medical system

Chelsea J. Carter CNN via Click2Houston.com 5/30/2014

(CNN) – It’s one of the more disturbing revelations to arise from an investigation into fatal delays in care at Veterans Affairs medical centers: Employee bonuses appear to be one factor behind the manipulation of patient wait times in at […]

IRS workers who didn't pay taxes got bonuses

Gregory Korte USA Today 4/22/2014

WASHINGTON — The Internal Revenue Service handed out $2.8 million in bonuses to employees with disciplinary issues — including more than $1 million to employees who didn’t pay their federal taxes, a watchdog report says.

The report by the Treasury Inspector General for Tax Administration said 1,146 IRS employees received […]

Reid on Fannie and Freddie bonuses: ‘A gag reflex’ before the press ‘would be improper’

Nicholas Ballasy The Daily Caller 11/1/2011

When asked for his response to ten executives at Fannie Mae and Freddie Mac receiving $12.79 million in bonuses, Senate Majority Leader Harry Reid said a “gag reflex in front of all you would be improper, that’s how I feel about it.”

Reid’s comments were made on Tuesday at […]

Chiefs of Bailed Out Regional Banks Get Raises

MoneyNews.com 5 April 2010

As 2009 came to a close, Fifth Third Bancorp was preparing to report its sixth loss in seven quarters.

The Cincinnati-based regional bank had received $3.4 billion of TARP funds with no immediate plan to repay. And its Midwestern market was still struggling with a shrunken auto sector and high mortgage […]

Barney Frank Says Multi-Million Dollar Bonuses for Government-Owned Freddie, Fannie ‘Too High’–But Nothing Can Be Done About It

Nicholas Ballasy CNSNews.com January 15, 2010

The Obama administration recently approved base salaries of $900,000, plus $3.1 million in deferred payments, and another $2 million in bonuses for the CEOs of the failed mortgage giants Fannie Mae and Freddie Mac. When asked if tax dollars should pay those bonuses or if they should be cancelled, […]