Free Republic

*snip* Fern Stephens, a revenue officer at the Internal Revenue Service, is being charged by the U.S. Attorney's office for stealing more than $160,000 in unclaimed tax funds from 12 taxpayers, according to federal court documents. *snip* Stephens also allegedly took advantage of her position in the IRS to put in fake tax refund requests and transfers in an IRS computer system so the money would go right back to her or relatives and friends.

Treasury Secretary Says Letting Bush Tax Cuts for Rich Expire Will Not Slow Economic Growth July 24, 2010 6:00 PM In an exclusive interview on ABC News’ "This Week" to air Sunday, Secretary of the Treasury Timothy Geithner said the White House would push to let the Bush tax cuts expire for individuals making more than $200,000 a year and families making more than $250,000, but keep them for middle and lower income Americans. “We think that's the responsible thing to do,” Geithner said, “because we need to make sure we can show the world that they're willing as a...

he dollar will extend its drop versus the euro over the next two to five years, falling as much as 20 percent to an all-time low under a widening U.S. budget deficit, Harvard University’s Professor Niall Ferguson said. Policy makers favor the dollar’s slide as a means of supporting a recovery from the worst economic slump since the Great Depression even as they voice support for a strong greenback, Ferguson said in an interview on Bloomberg Radio. A weak dollar is “the simplest solution to most of America’s problems right now,” said Ferguson, author of “The Ascent of Money: A...