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Detailed text transcripts for TV channel - FOXNEWS - 20130512:18:46:00

was going on we took steps to make it better and i don t expect those things to reoccur. this is a complete and total abuse of power by bureaucrats and they re distributioning the power that they have abusing the power in the irs. it is completely unacceptable. chris: an irs official acknowledging it gave extra scrutiny to conservative groups seeking tax exempt status but a tea party official dismissed the apology as not enough. we are back with the panel. big new developments today in the irs story. and inspector general s report due out it in the next few days will report the following. irs officials knew as early as 2011, not 2012 as previously reported the agency was targeting conservative groups for extra scrutiny and singled out groups with tea party or are patriot or 912 project in the name. kim, how big a deal? a very big deal not only because of what you just said

Detailed text transcripts for TV channel - FOXNEWS - 20130512:17:42:00

way to do this sort of coequal investigation. shannon: i want to turn to the irs. they admitted and apologized late last week that they looked at groups who were applying for tax exempt status based on social welfare groups, the 0 01 c 4s and looking for the word tea party or patriot or 912 they got extra scrutiny and didn t always get approved, if they did it took months. there is an ongoing investigation that is the reason for this epiphany of asking for forgiveness. the irs has to show there are measures to punish those who did it and to prevent it from happening in the future. those are important particularly after you you realize that high ranking irs officials knew two years ago that this was going on and

Detailed text transcripts for TV channel - FOXNEWS - 20130512:14:12:00

having that job is never easy. there s so much on a president s plate. how do you rate this week? this week was a particularly poor one for the white house. there s no doubt. i think when you look at what s happening with irs burgeoning scandal we ve only scratched the surface here. i think there s going to be hearings and investigations galore on this. what you ve heard from the irs and what s coming out necessitates sooner rather than later something from the president on this. i think understanding that the senior officials at the irs knew this type of targeting was going on. perhaps knew about it for sometime i think necessitates president obama saying something about this fairly quickly. it s astounding to many americans that the irs has the time even, and the manpower, to go through all the taxpayers and organizations that have the word patriots, tea party, and we were talking about the 912 project as

Detailed text transcripts for TV channel - FOXNEWS - 20130512:20:32:00

partisan issue but lerner found out during a meeting that groups with tea party, patriot or 912 projects under their name came under scrutiny. i have a copy of a letter here. this was the letter that was sent from darrell issa and jim jordan laying out 16 areas of which they say the tea party questionnaire seemed to overreach. it is addressed to lois lerner. have either of you heard of similar scrutiny my say occupy wall street. i don t know occupy wall street tax status. i don t know the details of that. i as i said earlier there is no excuse for it. there would be no excuse by tea party patriots or anybody else. look, the irs is supposed to be a bureaucracy in a good sense of the word because they are

Detailed text transcripts for TV channel - FOXNEWS - 20130512:16:01:00

Detailed text transcripts for TV channel - FOXNEWS - 20130512:16:01:00
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