U.S. Treasury Secretary Jacob J. Lew said there will be quick results on any reshaping of the Internal Revenue Service. Acting Commissioner Daniel Werfel will “get started full-bore next Wednesday and within 30 days he will report to me and we will report to the president on actions taken,” Lew told me on Bloomberg Television today.
Gabrielle Giffords received a Profile in Courage award this weekend at the John F. Kennedy Library in Boston. The award is fitting, though she is displaying a different kind of courage than was celebrated by the late president in his 1957 best-selling book.
As a candidate in 2008, Barack Obama was unsparing in his criticism of President George W. Bush’s anti-terrorism policies. He condemned torture and the infamous detention center at Guantanamo Bay, the lack of transparency and congressional oversight, the dubious legal framework and the blowback that was spawning more terrorists and diminishing U.S. standing in the world.
Senator John McCain of Arizona, the 2008 Republican presidential nominee, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that Republicans should compromise and increase tax revenue as part of a “long-term grand bargain” on the budget, and praised President Barack Obama for reaching out to senators across the aisle.