Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Obama: Targeting by IRS Is "Outrageous"

WASHINGTON (AP) -- President Barack Obama says the Internal Revenue Service's targeting of conservative groups is "outrageous" and anyone involved needs to be "held fully accountable."

Obama says at a news conference with British Prime Minister David Cameron that people are "properly concerned" about the IRS's targeting of conservative political groups. The president says he first learned of it when news reports broke on Friday.

Obama says he has "no patience for it" and will not tolerate a specific targeting of groups.

The IRS has apologized for what it calls "inappropriate" targeting of conservative political groups during the 2012 election to see if they were violating their tax-exempt status.

Republicans have condemned the targeting.

Read/Post Comments (3) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 14, 2013, at 8:03 AM, Marshalldedr wrote:

    POTUS's rebuke of this action by the IRS is like a Fire Chief ordering the burning down of a house and then throwing the people responsible under the bus. IF POTUS knew nothing of this tact then it is proof that the administration is out of control and mismanaged. IMHO POTUS knew about it and is now taking cover. It is a shame the countries politicians behave in this manner. It is, in the end, a disgrace.

  • Report this Comment On May 14, 2013, at 9:13 AM, capsman727 wrote:

    "outrageous", "inappropriate" and "no patience for it"

    And yet he hasn't ordered the DOJ to investigate?

    Maybe he already knows who's responsible.

  • Report this Comment On May 14, 2013, at 4:53 PM, TheRealRacc wrote:

    How much is Obama unaware of that is going on right under his nose?

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2426998, ~/Articles/ArticleHandler.aspx, 10/1/2016 3:09:45 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 5 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes