From the Associated Press:

A government watchdog has found that the Internal Revenue Service spent about $50 million to hold at least 220 conferences for employees between 2010 and 2012, according to a House committee.

That total included $4 million for an August 2010 conference in Anaheim, Calif., for which the agency did not negotiate lower room rates, even though that is standard government practice, according to a statement by the House Oversight and Government Reform Committee.

Still think the federal government has a revenue problem? Hardly.