U.S. Department of Treasury

Montana Reported $200 Million In Unpaid Taxes In 2020

According to estimates by the state Department of Revenue more than $219 million in federal income taxes owed by Montanans went unpaid in fiscal year 2020. Those unpaid taxes are part of a larger tax gap of the under-collections the U.S. Treasury Department estimates will short the U.S. government $7 trillion over the next decade. https://nor...

Use Of Remaining ARPA Funds In Montana To Be Decided By State Entities

State and local officials have raised concerns about the use of American Rescue Plan Act funds for critical projects getting hampered by additional input from the Department of Treasury. During a recent hearing with the Senate Committee on Banking Housing and Urban Affairs, Treasury Secretary Janet Yellen cleared up these concerns when asked a...