A federal court shot down a tea party group’s effort to permanently bar the Internal Revenue Service from targeting conservative groups for special scrutiny, issuing a ruling Thursday that says the tax agency has taken enough steps to correct the problem.
Business & Economy
It takes a lot of taxpayer dollars to subsidize a culture. American taxpayers are spending tens of millions of dollars this year funding National Endowment for the Humanities grants that, among other things, finance research projects that look into the lives of pets during Victorian England, consider the history of black Americans in golf and study the culture of tea consumption in India.
The U.S. oil and gas industry is thriving despite efforts by the Obama administration and liberal environmental groups to undermine fossil fuel development and production, according to a Senate report released Thursday.
Consumers are enjoying a break from high gas prices, which have fallen below $3 a gallon in many areas, but the drop has precipitated a cold war among oil producers that has all the intrigue, suspense and looming destruction of a Tom Clancy novel.
A Treasury inspector general said Thursday the IRS should do more to make sure federal taxpayer information does not fall into the wrong hands when it processes and approves subsidy payments under Obamacare.