IRS Private Debt collectors Set to Break Even Next Spring

http://www.insidearm.com/news/00017695-irs-private-debt-collectors-set-to-break-/

While Democrats have been trying to lead the country in protests against the IRS’s private debt collection program, said program has been quietly and efficiently performing at the high end of its projection.

In fact, according to a report released by the IRS and covered by Government Executive, a business news daily, the program launched last August will break even in 2008 – 20 months later.

The full story on Government Executive’s site gives good background on the report, and has a PDF of the report. Read it here.