Wednesday, September 25, 2013

Americans for Tax Reform : IRS Watchdog: $67 Million Missing from Obamacare Slush Fund

 

The IRS is unable to account for $67 million spent from a slush fund established for Obamacare implementation, according to a Treasury Inspector General for Tax Administration (TIGTA) report released today.

The “Health Insurance Reform Implementation Fund” (HIRIF) was tucked into Obamacare in order to give the IRS money to enforce the tax provisions of the healthcare law.  The fund, totaling some $1 billion of taxpayer money, was used to roll out enforcement mechanisms for the approximately 50 tax provisions of Obamacare.

Americans for Tax Reform : IRS Watchdog: $67 Million Missing from Obamacare Slush Fund

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