A new report says that the IRS spent nearly $100 million on new office furniture under President Barack Obama.

Read more below from FoxNews.com:

The IRS has spent $96.5 million on office furniture under the Obama administration and is now claiming it has insufficient funding to adequately serve taxpayers.

Treasury Secretary Jack Lew testified before the House two weeks ago about the IRS’ need for additional funding for the upcoming fiscal year. The IRS is currently seeking an increase of $1.2 billion—a 7 percent raise over its FY 2014 $11.29 billion budget. It would bring the agency’s FY 2015 budget to $12.48 billion.

A review of contracts by the Washington Free Beacon shows the IRS in the past five fiscal years has spent $96.5 million refurbishing IRS offices across the country. Those contracts include fiscal years 2010 through 2014.

That amount already exceeds what the agency spent during the entire eight years under President George W. Bush, fiscal years 2002 through 2009.

The purchases during the current administration show contracts are for various amounts. They range from several millions to hundreds of thousands of dollars for each agency office.

South Dakota Sen. John Thune went “On The Record” to discuss the report, blasting the IRS for “gross mismanagement" and blaming "a systemic problem with the agency."

Watch his full interview above.

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