Obama orders tax crackdown on federal contractors

January 20, 2010 | 8:52 am

President Obama today ordered a crackdown on federal contractors who don’t pay their taxes, hoping to recover as much as $5 billion.

In a televised appearance, Obama signed an executive order telling federal agency chiefs to take steps to bar delinquent companies from receiving new government contracts. The order also directed the IRS to review contractor filings.

“All across this country, there are people who meet their obligations each and every day,â€