New Report Details Lavish Spending by IRS

WASHINGTON (AP) - The Internal Revenue Service faces increased scrutiny after an inspector general's report, that it spent about $50 million to hold at least 220 conferences for employees between 2010 and 2012.

The report is set to be released Tuesday. The IRS has recently been under fire for putting conservative groups seeking tax exempt status under harsh scrutiny.

Acting IRS Commissioner Danny Werfel says he is "committed to restoring that trust." Werfel says he has installed new leadership at the agency and is conducting a thorough review of what went wrong and how to fix it.

The White House says President Barack Obama is concerned by excessive spending by the Internal Revenue Service and other agencies on conferences and travel.

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