With the announcement by Attorney General Eric Holder of a criminal investigation of the IRS over the agency’s targeting of conservative Tea Party and other groups, a key question that has arisen is: What are the relevant federal criminal laws that might apply to the misconduct of IRS employees? There …
Over the weekend, the IRS scandal got even more bizarre. Various news organizations got a look at a still-unreleased report by the inspector general (IG) for tax administration at the Treasury Department. According to the report, IRS official Lois Lerner knew about the problem by June 2011; yet in March …
Reports that the federal government will put a little bit of money toward the massive federal debt for the first time in six years make for an interesting tidbit, but Washington’s spending and debt problem is only getting bigger. The Wall Street Journal reports, “The Treasury Department said that it …
So much for basketball diplomacy. Dennis Rodman’s meeting with his new BFF Kim Jong-un didn’t prevent the regime from threatening a pre-emptive nuclear strike to turn Washington, D.C., into a “sea of flames.” While Rodman’s trip can be dismissed as narcissistic self-promotion, North Korea’s bombastic rhetoric shouldn’t be so easily …
One of the little known costs that taxpayers unwittingly pay is the Judgment Fund administered by the Treasury Department. This fund is used to pay “judicially and administratively ordered monetary awards against the United States” when it loses lawsuits, as well as settlements by the government of threatened or actual …
The government has maxed out its credit card again, mortgaging America’s future with yet more debt. Obama Administration Treasury Secretary Timothy F. Geithner, in a letter to Congress the day after Christmas, said, “I am writing to inform you that the statutory debt limit will be reached on December 31, …
Three solar companies are under investigation for potentially inflating costs in order to draw down more money from a stimulus-funded loan program. All three boast investors with significant ties to the Obama White House. The Treasury Department has subpoenaed Solar City, SunRun, and Sungevity, The Washington Post reports, seeking to …
The Treasury Department’s top watchdog has opened an investigation into a popular grant program that helped finance a host of green energy projects, according to a recent SEC filing by one of the companies under investigation. SolarCity Corp. revealed in its initial public offer (IPO) filing that it has been subpoenaed by …
Energy Secretary Steven Chu may want the country to stop discussing the Solyndra scandal, but information continues to come to light that confirms the worst suspicions of the critics of DOE’s $535 million loan guarantee. According to a Treasury Department audit of the Solyndra loan, DOE pushed Treasury officials to expedite their …
Unable to secure the votes needed to pass Speaker John Boehner’s (R-OH) debt plan, House GOP leaders first delayed then canceled a vote on the Budget Control Act last night. The House could take up the measure today, but many conservatives and Tea Party activists remain strongly opposed to the plan. All eyes …
