House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.» Read More
House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.
Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.
Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
When it comes to shareholder votes, the running tallies are a closely guarded secret - now, that protocol has changed, the NYT reports.
Discussing the problems the IRS and President Obama faces, with Jared Bernstein, Former VP Biden chief economist and Jim Pethokoukis, American Enterprise Institute.
Attorney General Eric Holder is ordering an investigation to see if there were criminal violations in the IRS scrutiny of conservative political groups, reports CNBC's John Harwood.
The Treasury is criticizing senior IRS leaders for poor management of a policy that compromised the tax agency's political impartiality. And the Congressional Budget Office projects a deficit of $642 billion for fiscal year 2013, that's down $200 billion, reports CNBC's John Harwood.
TOPEKA, Kan.-- Private negotiations with top legislative Republicans about tax issues are "going well," Kansas Gov. The Republican governor declined to discuss the details of what's under consideration in his talks with Senate President Susan Wagle and House Speaker Ray Merrick, other than he planned to keep meeting with them.
The backlash that the IRS is unfairly targeing conservative political groups is growing, reports CNBC's John Harwood.
The IRS admitted to singling out roughly 75 nonprofit groups for extra scrutiny based on connection to conservative causes, reports CNBC's John Harwood; and Ari Melber, Nation Magazine and Phil Musser, New Frontier Strategy president, discuss.
WASHINGTON, May 10- Republican lawmakers blasted the U.S. Internal Revenue Service on Friday after a top IRS official apologized for "inappropriate" targeting by the agency of applications for tax-exempt status from conservative political groups.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee defeated repeated efforts by Republicans on Thursday to significantly delay legalization for 11 million undocumented immigrants, a central focus of the bill.
WASHINGTON, May 9- Republicans in the House of Representatives passed a bill on Thursday, over the threat of a White House veto, that would allow the government to borrow money to pay bondholders and retirees if Congress fails to reach a deal to raise the U.S. debt ceiling.
The advocacy group created by Mark Zuckerberg and others to push for immigration reform has bankrolled TV ads endorsing some conservative stands, prompting an outcry from liberals.
*White House has said it will veto bill. WASHINGTON, May 9- U.S. House Republicans are expected to pass a bill on Thursday that would require the Obama administration to prioritize government debt payments and retirement benefits if Congress fails to reach a deal to raise the U.S. debt ceiling.
*White House has said it will veto bill. WASHINGTON, May 9- Republicans in the House of Representatives passed a bill on Thursday that would require the Obama administration to prioritize government debt payments and retirement benefits if Congress fails to reach a deal to raise the U.S. debt ceiling.
Recently published health care figures from the federal government confirm what health advocates have been screaming about for years: charges vary enormously, NBC News reports.
April's U.S. budget surplus was bigger than a year ago and the government ran a much smaller deficit in the first seven months of the year, the CBO said.
BATON ROUGE, La.-- House Republicans were at odds Tuesday over a bipartisan budget proposal that contains $329 million in cuts to tax break programs that largely benefit businesses, a compromise that has GOP lawmakers clashing with their governor, state party and traditional allies.
A Senate immigration bill would cost $6.3 trillion over 50 years to provide benefits for millions now in the U.S. illegally, the Heritage Foundation says in a controversial study.