Senators press GM to fire top lawyer over ignition switch recalls
Senate subcommittee chair Sen. Claire McCaskill urged General Motors to dismiss chief counsel Michael Millikin after the Anton Valukas report showed slow legal action on settlements tied to ignition switch defects. McCaskill praised GM CEO Mary Barra yet pressed for disclosure to the board and SEC.
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House backs tax breaks to boost charitable giving
The House approved a package of tax breaks aimed at increasing charitable donations by seniors foundations and donors. Provisions include 70 plus IRA charitable distributions reduced excise taxes for private foundations and late year donations eligible through April 15. White House warned of a 16 billion deficit rise and faulted GOP aid for wealthier Americans while opposing unemployment benefits extension.
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GOP Critics Slam IRS Inquiry Handling in House Hearing
Republicans at a House subcommittee denounced the Justice Department for not sharing details of the IRS targeting probe with Congress. Deputy AG James Cole said the inquiry now covers Lerner email disappearance while Rep. Jim Jordan pressed for an independent prosecutor and questioned the two month delay in confirming missing emails.
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