New York (CNNMoney) - Apple executives are set to defend the company's tax practices and call for corporate tax reform on Capitol Hill Tuesday amid harsh criticism following a Senate investigation.
A report released Monday by Senators John McCain, R-Arizona, and Carl Levin, D-Michigan, charged that Apple "has used a complex web of offshore entities - including three foreign subsidiaries the company claims are not tax resident in any nation - to avoid paying billions of dollars in U.S. income taxes."FULL STORY
Washington (CNN) – A Northern California tea party group filed the first lawsuit against the U.S. government stemming from the Internal Revenue Service targeting of conservative groups for more scrutiny as they applied for tax-exempt status.
"The IRS and its agents singled out groups like NorCal Tea Party Patriots for intensive and intrusive scrutiny, probing their members' associates, speech, activities and beliefs," the suit claimed on Monday.
Concord, New Hampshire (CNN) – Sen. Rand Paul, R-Kentucky, and Republican National Committee Chairman Reince Priebus each voiced support Monday for the New Hampshire primary, welcome endorsements for a state that is constantly fighting to protect its unique status as the first state to hold a primary in the race for president.
“I like the process of primaries originating in smaller states,” Paul said before headlining a New Hampshire Republican Party fundraiser. “I’ve seen how the election works around here. I’ve seen how it gets close … there are candidates on every corner meeting and shaking hands and it is a hopeful aspect of politics of meeting people one-on-one even in a nation of three hundred million.”
(CNN) – The tornado that swept through the outskirts of Oklahoma City Monday destroyed parts of U.S. Rep. Tom Cole’s hometown, the Republican lawmaker told CNN’s Wolf Blitzer.
Speaking by phone, Cole said he recognized familiar landmarks in Moore, Oklahoma, as he was watching television images of the destruction, including roofs ripped off buildings and entire blocks leveled.
(CNN) – Justice Department officials investigating a leak of secret government information tracked the personal e-mails, phone calls and physical movements of a reporter for the Fox News Channel, according to a report Monday in the Washington Post.
Further, an FBI agent assigned to the case wrote the reporter, James Rosen, had likely broken the law by soliciting classified information from a government source, a standard journalistic practice that has rarely been regarded as criminal by law enforcement.
CNN's GUT CHECK | for May 20, 2013 | 5 p.m.
- n. a pause to assess the state, progress or condition of the political news cycle
DEVELOPING: WHITE HOUSE CHIEF OF STAFF KNEW OF IRS REPORT BEFORE ITS RELEASE… New details emerged Monday of what the White House knew about the Internal Revenue Service targeting of conservative groups, with spokesman Jay Carney disclosing Chief of Staff Denis McDonough was among the top officials made aware of the matter late last month. – Jessica Yellin and Tom Cohen
TRUSTWORTHY AND LIKEABLE: Barack Obama's personal popularity may be one reason he has been able to weather last week's controversies, and his handling of those matters may have helped boost his standing with the public on a couple of key measures. Is Obama honest and trustworthy? 58% say yes, a number that has remained virtually unchanged for Obama since 2009. Obama remains a remarkably likeable figure in American politics - 79% of Americans say he is likeable, underscoring how important his personal characteristics have been to him. That finding suggests that the public is responding favorably to Obama's stern reaction in recent days and hints that, far from catching blame for the latest controversies, Obama may actually be benefiting from them in some ways. – Keating Holland
Washington (CNN) - As a major tea party group plans protests Tuesday at Internal Revenue Service offices across the country, a new national poll indicates that the IRS controversy has given the four-year-old movement a shot in the arm.
The week-and-a-half-old controversy, which involves the IRS targeting of tea party and other conservative groups which were seeking tax exempt status, has dominated headlines and put the White House on the defensive.
Washington (CNN) – President Barack Obama's personal popularity may be one reason he came out of what was arguably the worst week of his presidency with his approval rating holding steady, according to a new national poll.
A CNN/ORC International survey, released Monday, also indicates that Americans see the current controversies as very important, maybe even as much as the Iran-Contra scandal, but they haven't reached the epic levels of Watergate.
Washington (CNN) - New details emerged Monday of what the White House knew about the Internal Revenue Service targeting of conservative groups, with spokesman Jay Carney disclosing Chief of Staff Denis McDonough was among the top officials made aware of the matter late last month.
In a new timeline provided by Carney to reporters, General Counsel Kathryn Ruemmler learned on April 24 of a pending Treasury inspector general's report on how IRS staff used criteria targeting conservative groups in assessing eligibility for tax-exempt status.FULL STORY
(CNN) – A second term Democratic president, battling back against series of controversies.