Obama Says IRS Scrutiny of Conservative Groups is "Intolerable and Inexcusable"

Criminal investigation to be launched

WASHINGTON, May 14 (UPI) -- President Obama Tuesday called the Internal Revenue Service's targeting of Tea Party groups "intolerable and inexcusable."

The president's condemnation came as Attorney General Eric Holder said there will be a criminal investigation of the IRS' handling of tax matters involving conservative organizations.