U.S. Treasury

3:19pm

Wed May 15, 2013
It's All Politics

10 Things We Learned From the IRS Inspector General Report

Originally published on Wed May 15, 2013 4:29 pm

The John Weld Peck Federal Building in Cincinnati, where many of the missteps by IRS workers who targeted conservative groups occurred.
Al Behrman AP

Scintillating isn't how you'd describe the report issued by the Treasury inspector general's report on the Internal Revenue Service's targeting of conservative groups.

It was written, after all, by government bureaucrats for government bureaucrats. Enough said.

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5:58am

Wed May 15, 2013
The Two-Way

Read The Report On IRS's 'Inappropriate' Scrutiny Of Groups

Originally published on Wed May 15, 2013 11:58 am

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.

As the report's summary says:

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4:58pm

Tue May 7, 2013
The Two-Way

Treasury Secretary Jacob Lew Gets A New Signature

Originally published on Wed May 8, 2013 7:49 am

Jacob "Jack" Lew's signature, on the 2012 "Mid-Session Review" of the federal budget. He was director of the Office of Management and Budget at the time.
WhiteHouse.gov

Back in January, when Jacob "Jack" Lew was a mere nominee for the position of Secretary of the Treasury, we fretted about his signature. (It is, after all, displayed on the dollar.) It looked like a doodle, or as New York Magazine called it, a "slinky that has lost its spring."

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9:18am

Tue May 7, 2013
Shots - Health News

Veterans Have Unusual Choice Thanks To Health Exchanges

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.

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2:37pm

Wed May 1, 2013
It's All Politics

The Federal Deficit Is Actually Shrinking

Originally published on Thu May 2, 2013 11:33 am

The Treasury Department announced this week it will pay down some of its debt for the first time in six years.
Jacquelyn Martin AP

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.

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