CNBC's John Harwood provides highlights of GOP presidential candidate Ted Cruz's appearance at Wednesday's Delivering Alpha Conference.» Read More
Rep. Lloyd Doggett, (D-TX) asked acting IRS Commissioner J. Russell George, if he found the IRS "rotten at the core." And, Rep. Peter Roskam, (R-IL), queried ousted IRS chief Steven Miller whether he had a "duty" to come forward to the Ways and Means Committee with any information he had about the tax investigation before the Hearing. Rep. Mike Thompson, (D-CA), wanted to know the difference between "inappropriate" and "illegal" actions when reviewing tax cases. And, Rep. Jim Gerlach, (R-PA), challenged the assertion that confidential tax information was not shared outside the IRS.
CNBC's Eamon Javers and John Harwood provide insight from the House hearing on the IRS scandal, with ousted IRS chief Steven Miller and acting IRS commissioner J. Russell George.
Rep. Richard Neal, (D-MA), asks ousted IRS chief Steven Miller and acting IRS Commissioner J. Russell George, about the policies of 501(c) (4) tax-exempt status and political groups. Also, Rep. Pat Tiberi, (R-OH), wants to know why an educational group and book club was targeted by the IRS. "Foolish mistakes were made," said Rep. Xavier Becerra, (D-CA). And, Rep. Dave Reichert, (R-WA), wants to know whether groups were "treated differently" because of their political affiliations.
Rep. Charles Rangel, (D-NY), asks ousted IRS chief Steven Miller and acting IRS Commissioner J. Russell George, who was responsible for the tax scrutiny, and whether the tax law is written for "abuse." And, Rep. Paul Ryan, (R-MI), asks Steve Miller if he is misleading the Committee because he knew in previous testimony targeting was taking place. And, Rep. Jim McDermott, (D-WA), distinguished the difference between "stupid mistakes" and "malicious mistakes." Also, Rep. Devin Nunes, (R-CA), asks Steven Miller if he is willing to release his personal emails, phone records, and personal schedule from 2010 until his resignation.
Rep. David Camp, (R-MI), asks ousted IRS chief Steven Miller and acting IRS commissioner J. Russell George, when they became aware of the tax scandal and who informed them. Also, Rep. Sander Levin, (D-MI), asks if there was "political motivation" involved in singling out organizations for tax-exempt status. And, Rep. Charles Boustany, (R-LA), asks both witnesses if specific "targeting" was not involved, why it seems one political group was singled out. Rep. Joseph Crowley, (D-NY), points out that Steve Miller was not a political appointee of the IRS; and Rep.Kevin Brady, (R-TX), reveals how a tax audit impacted a small business woman and Tea Party member..
CNBC's Eamon Javers provides the latest details on a House committee hearing with former acting IRS commissioner Steven Miller.
Rep. Charles Rangel, (D-NY), discusses which questions he wants answered when former acting IRS commissioner Steven Miller testifies later this morning before the House Ways and Means Committee.
Rep. Dave Camp, (R-MI), shares what he wants to hear from former acting IRS Commissioner Steven Miller, when he testifies before the House later this morning.
President Obama responds to questions about what he knew regarding the Inspector General report of the Internal Revenue Service. We're going to make sure we hold anyone involved accountable, he says.
CNBC's Larry Kudlow shares his thoughts about the tax collecting arm of the U.S. government targeting conservative groups when they filed for tax-exempt status.
CNBC's John Harwood talks with Sen. Max Baucus (D-MT) and Rep. David Camp (R-MI) provide their take on the IRS targeting scandal.
President Obama is expected to face questions about the IRS scandal at a news conference later today, reports CNBC's Eamon Javers.
The House is investigating targeting complaints in the wake of the Tea Party tax scandal. Rep. Charles Boustany, (R-LA), discusses.
Jared Bernstein, Center on Budget and Policy Priorities; Tony Fratto, Hamilton Place Strategies; and Lawrence Bossidy, former Honeywell Chmn. & CEO, discuss the political fallout in the aftermath of the tax agency targeting conservative groups.
CNBC's John Harwood; and Ben White, POLITICO, discuss the political fallout from the IRS targeting of conservative groups.
Will the IRS scandal and continued huge deficits embolden the Tea Party in 2014? CNBC Contributor Jared Bernstein and Jennifer Stefano, Americans For Prosperity discuss.
It's hard to believe the IRS scandal of targeting conservative groups is limited to only 2 people. Jennifer Stefano, American For Prosperity PA state director and Bill Hennessy, St. Louis Tea Party Coalition co-founder, share their opinions.
President Obama addressed the IRS scandal, saying the acting IRS commissioner Steven Miller has resigned, with CNBC's Tyler Mathisen, Eamon Javers and Larry Kudlow.
President Obama addresses the IRS scandal, saying "the responsible parties will be held accountable," and that he "will make sure going forward the laws are applied as should be in a fair and impartial way."
President Obama is preparing to make a statement on the IRS investigation after it admitted to targeting conservative groups, with CNBC's Melissa Lee, Larry Kudlow and Eamon Javers. Mark Hannah, Huffington Post and Tony Fratto, Hamilton Place Strategies weigh in.