Topic: Mel Watt

The Internal Revenue Service's $320 million budget to upgrade its website is criticized as excessive, especially since basic functions like electronic filing already exist. The hosts contrast this spending with the $660 million cost of handling 22 million phone calls. Additionally, a clip of Congressman Mel Watt is played to illustrate the lack of technical understanding among members of the Intellectual Property subcommittee.

North Carolina Congressman Mel Watt is criticized for using his time during a Monetary Policy Subcommittee hearing to ask Federal Reserve Chairman Ben Bernanke about the economic impacts of climate change. The hosts label the line of questioning as irrelevant to the Fed's mandate.