Jay McTigue: Years of budget cuts are taking a toll on the IRS

The Internal Revenue Service has holes that look like Swiss cheese all throughout its business operations. Appropriations at the IRS are down nearly 7 percent over the last four fiscal years. And Congress won't likely pass an appropriations bill that comes close to the $13 billion President Barack Obama requested for the IRS in fiscal 2016. Staff at the agency's Human Capital Office, Office of Chief Counsel, and Small Business -Self Employed Division has already been cut by 16 to 30 percent. Jay McTigue is director of tax issues for the Government Accountability Office's strategic issues team. He tells In Depth with Francis Rose how years of budget cuts are affecting the IRS.