The language is not dramatic, but the message is clear: A much-anticipated report from the Treasury Department's inspector general for tax administration is straightforward about how Internal Revenue Service personnel unfairly singled out some conservative groups for unnecessary scrutiny during the 2012 campaign cycle.
When the House Committee on Veterans' Affairs held a hearing recently, members expressed concern that veterans might not qualify for subsidies for the new health insurance marketplaces if they were enrolled in VA health coverage.
During the housing bust, taxpayers were forced to bail out mortgage giants Fannie Mae and Freddie Mac. But thanks to the real estate recovery, Fannie Mae could end up paying tens of billions of dollars back to the Treasury this summer.
That's just one of the factors behind a better bottom line for the federal government. This week, the Treasury Department announced it will pay down some of its debt for the first time in six years.
Originally published on Fri April 12, 2013 6:14 am
Credit Ramon Espinosa / AP
This week, Washington took on hip-hop royalty, when two Florida representatives went after Jay-Z and Beyonce for their recent trip to Cuba.
"We're saying that no one is above the law, even if you are the diva Beyoncé, and that's wonderful that she's famous and rich, and Jay-Z, everybody loves him, too. Terrific. But no one's above the law," Rep. Ileana Ros-Lehtinen told CNN.