Federal watchdog tells Equifax—no $7.25 million IRS contract for you

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The Government Accountability Office (GAO) on Monday rejected Equifax's bid to retain its $7.25 million "taxpayer identity" contract—the one awarded days after Equifax announced it had exposed the Social Security numbers and other personal data of some 145 million people.

At its core, the Equifax-IRS ordeal reveals the strangeness of the government contacting system. That's because Equifax wasn't even originally chosen to continue its contract...

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