IRS Scandal Suggests Political Overtones

IRS Scandal Suggests Political Overtones Play

May 17 (Bloomberg) -- Senate Finance Committee Chairman Max Baucus (D-Mont) says the firestorm engulfing the IRS is just the tip of the iceberg and believes "a lot more" information will come out in coming weeks. But House Ways & Means Committee Chairman Dave Camp (R-MI) says the scandal doesn't warrant a special prosecutor at this point. Both agree though that the controversy gives ammunition to their push to overhaul the U-S tax code. Sen. Baucus and Rep. Camp are interviewed by Peter Cook on this Sunday's Bloomberg Government's "Capitol Gains."

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