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Factbox: Key players in the IRS scandal
ReutersWASHINGTON (Reuters) - Three congressional committees and the Department of Justice are investigating the Internal Revenue Service's scrutiny of conservative groups seeking tax-exempt status as the scandal distracts from President Barack Obama's second-...Tags: Barack Obama, Darrell E Issa, White House, U.S. House Committee on Ways and Means, Internal Revenue Service
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Ousted IRS chief defends against partisan charges
WASHINGTON — The ousted head of the Internal Revenue Service apologized Friday for the agency's "foolish mistakes" in singling out conservative groups for intrusive and time-consuming scrutiny, but said that the effort was not driven by partisan...
Tags: Barack Obama, White House, Internal Revenue Service, Sandy Levin, Thomas E Price
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Latest Michigan news, sports, business and entertainment
GAS STATION ATTACK Man charged in gas station stabbing, robbery DETROIT (AP) — A 27-year-old Detroit man is charged in the stabbing and robbery of a 64-year-old customer inside a northwest side gas station. The Wayne County prosecutor's office...Tags: Arts, Police Arrests, Prosecution, FEMA, Rick Snyder
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FACTBOX-U.S. Treasury's tools to delay hitting debt limit
ReutersMay 17 (Reuters) - U.S. Treasury Secretary Jack Lew on Friday announced a series of steps the Obama administration is prepared to take so it can keep paying the nation's bills once a temporary suspension of the cap on the U.S. government's debt expires...Tags: Freddie Mac, Employees, Labor Legislation, Securities, Bonds
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Audit finds Mich. government using millions from petroleum tax for questionable purposes
LANSING, Mich. (AP) — State of Michigan auditors are making objections about the use of millions of dollars from a petroleum tax. The tax is supposed to pay for problems related to leaking underground storage tanks and certain inspection programs....Tags: Energy Resources
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School reform doesn't work
In their commentary ("Six steps for post-Alonso school reform," May 14), Thomas Wilcox, Diane Bell-McKoy and Laura Gamble use many lofty and idealistic sounding words to promote their vision. However, it bears noting that education "reformers" are well-...
Tags: Racism, Students, Education, Human Interest, Stanford University
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House chairman sees IRS errors as part of pattern
ALAN FRAM,Associated PressWASHINGTON (AP) — The Internal Revenue Service's improper use of tougher scrutiny of conservative groups seeking tax-exempt status seems part of a broader pattern of intimidation and cover-ups by the Obama administration, a top House Republican said...Tags: Barack Obama, U.S. House Committee on Ways and Means, White House, Sandy Levin, Internal Revenue Service
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Fed tells Bank of Montreal to fight money laundering harder
ReutersNEW YORK (Reuters) - The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. The warning puts Bank of Montreal in a growing category of financial...Tags: JPMorgan Chase & Co., Central Bank, FBI, Manufacturing and Engineering, Bank of Montreal
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Audit questions use of Michigan petroleum tax
LANSING, Mich. (AP) — State of Michigan auditors are making objections about the use of millions of dollars from a petroleum tax. The tax is supposed to pay for problems related to leaking underground storage tanks and certain inspection programs....Tags: Energy Resources
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U.S. lifts sanctions on Iraq bank that had links to Iran
ReutersWASHINGTON, May 17 (Reuters) - The United States said on Friday it had allowed an Iraqi bank to again conduct business with the U.S. financial system after the bank showed it was no longer helping Iran evade financial sanctions. Iraq's Elaf Islamic...Tags: Iraq, Iran, Religion and Belief, Islam
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U.S. Treasury tells Congress it has more time under debt ceiling
ReutersWASHINGTON, May 17 (Reuters) - The Obama administration on Friday notified Congress it was prepared to take extraordinary steps to allow it to keep paying the nation's bills once a temporary suspension in the government's debt ceiling lapses this weekend....Tags: U.S. Congress, Washington, DC
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New Jersey income tax collections up, jobless rate down in April
ReutersMay 16 (Reuters) - New Jersey's unemployment rate dropped to 8.7 percent in April and personal income tax collections rose 29.1 percent to $2.23 billion from the same month last April, state data show. The revenue increase, along with the third...Tags: Taxation, Unemployment, Career and Workplace, Personal Income, Thomson Corporation
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