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February 2009

Health and Human Services Secretary nominee Tom Daschle has now headed down the mea culpa road. In a letter to the Senate Finance Committee leadership, Daschle wrote: "As you can well imagine, I am deeply embarrassed and disappointed by the errors that required me to amend my tax returns. I apologize for the errors and profoundly regret that you have had to devote time to them. I will be happy to answer any Committee members’ questions about these issues. In the meantime, as a follow-up to our conversations, I would like to briefly review three issues discussed at my meeting... Read more →

You still have a time to put a few (or more) bucks down on the game. Folks who apparently are in the know tell me that bets can be placed right up to the 6:20 p.m. Eastern time kickoff. And if your picks pay off, you are ready to share your good fortune with Uncle Sam, right? Yeah. Right. Not! As I note in this story, the Super Bowl and all its associated betting just highlights a perennial problem the IRS has, the collection of gambling income. Legal bets placed in Nevada aren't an issue. The sports book folks there... Read more →