organizations operating exclusively for the promotion of social welfare. and today, we can report to you the irs announced given the diversity of views expressed, we ve concluded it would be more efficient and useful to hold political hearing after we publish a revised proposed regulation. treasury and the irs remain committed to providing updated standards of tax exemption that are fair, clear, and easier to administer. lawrence o donnell joins me by phone right now. how are you? pretty good, ari. this is a good day for delaying doing a bad thing, which is what they might end up doing in the end anyway. yeah, lawrence, i was going to ask you, logic doesn t always prevail in these kind of rule making processes. what s happening here and what do you make of it? well, look, the law couldn t be simpler, and i comment they open up, when they are doing a new regulation, they open it up for comment, so i sent in a comment, which simply
in the irs regulation is the complete erasure of that regulation. even the obama version of the irs regulation will remain in stark conflict with the law as written. and during the debate over the law as written, the irs received a record breaking 150,000 comments from the public about its attempt to clarify just how much political activity a so-called 501c4 social welfare organization can engage in, including this one, enforce the law as written, civic leagues or organizations operating exclusively for the promotion of social welfare. and today, we can report to you the irs announced given the diversity of views expressed, we ve concluded it would be more efficient and useful to hold political hearing after we publish a revised proposed regulation. treasury and the irs remain committed to providing updated