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I'll finish the day ahead 36 the S&P 500 was up seven NASDAQ gained 27.
There is outrage and a sense of vindication tonight among conservative groups.
The IR -- has admitted targeting some of those groups for scrutiny during the 2012 election season.
Agency apologized today -- chief national correspondent Jim Angle tells us -- won't be enough.
The IRS made an extraordinary admission today saying -- mistakenly -- and held up applications for tax exempt status.
For conservative political groups.
They -- names like Tea Party or patriots.
And they selected cases simply because the application had those names in the title.
Lerner the IRS official in charge of non Robin designations said that in at least seven -- five such applications.
IRS officials stepped over the line by asking broad list of donors in some cases.
For seeking more information and the IRS needed that was wrong.
That was absolutely incorrect is insensitive and it was inappropriate.
That's not how we go about selecting cases for further review and even the White House conceded the need for an investigation that certainly.
Does seem to be based on what we've seen to -- inappropriate.
We would want to see thoroughly investigated.
-- apologized saying the actions were taken by career civil service workers not political appointees and were not politically motivated.
But Tea Party groups are not satisfy.
Frankly an apology just is not -- enough.
They know we've had groups who have been waiting for three years and this is a complete and total abuse of power.
And -- -- using the power added that they have any IRS it's completely unacceptable.
A number of Tea Party groups had complained last year and senate Republican leader Mitch McConnell wrote to the IRS to complain that they were being harassed.
McConnell issued a statement today saying quote today's apology by the IRS is proof that those concerns were well founded.
But make no mistake an apology won't put this issued arrest.
We've been questioning whether this has been going on for several years and they flat out denied it up until today.
In fact last year when the first -- to rose the hit of the IRS flatly denied that any such actions had taken place there's.
Absolutely -- targeting.
Our finding out -- our suspicions were right all along.
And today majority leader Eric Cantor and several other house leaders said they Willie indeed investigate the IRS.
Over its treatment of conservative political groups.
-- Jim -- more on this with the panel.
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