The Internal Revenue Service is under the microscope now, as revelations have emerged that the agency wrongly targeted conservative groups seeking nonprofit status. Here’s an accounting of what has happened, along with the ramifications.
President Obama himself has slammed the reported IRS actions regarding tea party and other conservative groups. But inevitably, Republicans will attempt to link the White House to this activity.
The IRS is under fire for the extra scrutiny its workers gave to 'Tea Party' and 'Patriot' groups' applications for tax-exempt status. Plus, the Dow hit a milestone, jobless claims continued to drop, and other news from around the US economy this week.
The IRS acknowledges it gave additional scrutiny to the tax-exemption applications of conservative groups. Top Republican lawmakers are calling for a White House investigation into the agency.