A Treasury Department official, Neal Wolin, was informed that the IG was looking into the situation this past summer, a revelation the media and GOP have seized on to suggest the White House may have covered up the scandal in the midst of a campaign.

(snip) "I know approximately what's in it," Issa told Bloomberg Businessweek on Monday when asked if he knew what would be in the report. "I knew what was approximately in it when we made the allegations about a year ago. This is one of those things where it's been, in a sense, an open secret, but you don't accuse the IRS until you've had a nonpartisan, deep look. That's what the IG has done. That's why the IGs in fact exist within government, is to find this kind of waste and fraud and abuse of power."