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The GOP pivots on the IRS scandal
The scandal surrounding the Internal Revenue Service's handling of applications for tax-exempt status by "tea party" groups and other right-leaning organizations took a sharp turn at the House Ways and Means Committee on Friday. In addition to decrying...
Tags: Internal Revenue Service, U.S. Department of State, George W. Bush, Elections, Tea Party Movement
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House showdown set over IRS targeting of conservative groups
WASHINGTON -- The ousted top official of the Internal Revenue Service will appear before a House committee Friday morning, his first public appearance since controversy erupted last week over how the agency mishandled applications for tax-exempt status...
Tags: Internal Revenue Service, George W. Bush, Jack Lew, Politics, Career and Workplace
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Obama ousts IRS chief over inquiry
WASHINGTON — President Obama forced out the head of the IRS on Wednesday, seeking to restore the public's faith in the tax agency while asserting a measure of control over a rapidly growing political problem. Making a hastily scheduled statement...
Tags: Internal Revenue Service, Tea Party Movement, Justice System, Mitch McConnell, Pension and Welfare
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Ex-IRS chief apologizes in hearing for 'foolish mistakes'
WASHINGTON – The ousted head of the Internal Revenue Service apologized Friday morning for the agency's "foolish mistakes" in its handling of conservative groups applying for tax-exempt status and attributed the IRS' actions to a misguided pursuit...
Tags: Internal Revenue Service, Tea Party Movement, Barack Obama, Sandy Levin, White House
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Questions on targeting are 'loaded,' IRS official says
WASHINGTON – The acting head of the IRS insisted Friday that he and other agency officials did not mislead Congress by failing to disclose that applications by conservative groups for tax-exempt status were mishandled, and he said to call it...
Tags: Internal Revenue Service, Paul Ryan, Consumers, Barack Obama, Taxation
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Federal deficit shrinks at surprising rate
WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...
Tags: Credit and Debt, Economy, Business and Finance, Congressional Budget Office, Elections, Gross Domestic Product
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With new revelations, outrage spreads about IRS targeting
WASHINGTON — Top career officials in the Internal Revenue Service withheld information from Congress for months about the tax agency's targeting of conservative organizations for extra scrutiny, according to documents released Monday as a...
Tags: Internal Revenue Service, U.S. House Committee on Oversight and Government Reform, Elections, Tea Party Movement, Impeachment
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IRS official knew in 2011 that tea party was targeted
WASHINGTON — A top Internal Revenue Service official knew as early as June 2011 that conservative groups seeking nonprofit status were being singled out for additional scrutiny, raising questions about when senior officials were informed and why the...
Tags: Internal Revenue Service, George W. Bush, Tea Party Movement, Taxation, U.S. Department of the Treasury
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First, fix the tax code
The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...
Tags: Environmental Issues, Barack Obama, Public Finance, Energy Saving, Parties and Movements
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Baucus' exit drains hope for tax reform
This post has been updated, as indicated below. Six-term Sen. Max Baucus (D-Mont.), the chairman of the Senate Finance Committee, announced Tuesday that he won't run for reelection in 2014. You may now kiss any hope of a sweeping tax reform bill...
Tags: Internal Revenue Service, Economy, Business and Finance, Elections, Justice System, Republican Party
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Key lawmakers say bipartisan tax reform is doable and on track
WASHINGTON -- The chairmen of key congressional committees said their bipartisan efforts to overhaul the tax code are on track and still very doable despite the partisan gridlock on Capitol Hill on many issues. "Tax reform can't be about politics,"...
Tags: The Wall Street Journal, Barack Obama, Max Baucus, Parties and Movements, U.S. Senate Committee on Finance
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The fiscal cliff ... of '32
Close your eyes in Washington these days and you can almost hear the echoes of 1932. Eighty years ago, just like today, a fiscal crisis almost totally dominated the nation's capital. Then, as now, fiscal conservatives demanded immediate action to fix...
Tags: U.S. Senate, Elections, Federal Income Tax, White House, Republican Party
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
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May 15, 2013
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May 17, 2013
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May 17, 2013
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May 14, 2013
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May 13, 2013
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May 11, 2013
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May 7, 2013
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Apr 23, 2013
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Apr 8, 2013
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Dec 26, 2012
|Story| Los Angeles Times
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