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Treasury Secretary Lew: US to reach debt limit on Saturday; taking 'extraordinary measures' to keep paying bills - @MarketWatch
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More: Treasury Secretary requests and accepts resignation of IRS acting commissioner, Obama says - @PoliticalTicker
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Obama to meet with Treasury Department officials as part of his effort that appropriate IRS officials are held accountable - @politico
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In separate statement, Treasury's Jack Lew says he has 'zero tolerance for any action that could undermine public confidence' in IRS - @markknoller
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More from Obama on IRS: 'I've directed Secretary Lew to hold those responsible for these failures accountable, and to make sure that each of the Inspector General's recommendations are implemented quickly, so that such conduct never happens again' - from statement via @NBCNews
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IRS says it welcomes release of Treasury inspector general's report, agrees that 'inappropriate shortcuts were used to determine which cases may be engaging in political activities' - @CNN
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US government had budget surplus of $113 billion in April; largest monthly surplus in 5 years, Treasury Department reports - @MarketWatch
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