Lawmakers Hit IRS Where It Hurts Most

House lawmakers are fixing to hit the IRS where it hurts. A spending plan introduced by the House Appropriations Committee would cut the agency's budget by 24 percent. The bill would give the IRS $9 billion in 2014, versus $13 billion requested by the Obama administration. But the House goes further. It would withhold 10 percent of IRS funding until the agency carried out the most recent inspector general recommendations. Those concerned how the agency mistreated conservative groups applying for tax exempt status. A subcommittee marks up the proposal today.