Submitted by: Nancy Battle
Aren't you relieved to know the IRS has the whole issue under control?
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
TIGTA report released today.
WASHINGTON,
D.C. – 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.