1. THREATS

    GOP: We’ll Cut Off IRS’s Money

    Win McNamee/Getty

    Republicans threatened to hit the IRS where it really hurts: its wallet. House Appropriations Committee Chairman Hal Rogers said on Monday that he may impose limitations on the Internal Revenue Service’s funding in an attempt to find out why the IRS targeted conservative groups for review of their tax-exempt status. “And I don’t need to remind you or anybody else that the power of the purse rests with Congress, and we’re prepared to use that purse to get to the truth,” Rogers said. The acting IRS chief, Danny Werfel, said that he would defend President Obama’s budget , which calls for a $1 billion increase in funding for the IRS.

    Read it at The Hill