The IRS and it's 46 new powers to ENFORCE ObamaCare

[Stephanie]

you voted for it...Enjoy ObamaNation!

SNIP:
June 5, 2013


The power granted to the IRS to enforce ObamaCare’s mandates, taxes, penalties, reporting, and other requirements is unprecedented. Based upon Government Accountability Office data, we count 46 new responsibilities assigned to the IRS under the health law.1

IRS officials have acknowledged the huge problems these major new responsibilities will create for the agency. On March 5, 2013, an official from the Treasury Department’s Inspector General for Tax Administration, J. Russell George, testified before the House Appropriations Committee. Mr. George was asked about the tax implications of ObamaCare.

“It is unprecedented in recent history, the amount of responsibility the IRS is being given in an area that most people don’t think of as an IRS function,” George said. Americans, he added, will have more questions about their taxes because of health care penalties or credits, flooding already busy call-in and walk-in tax help centers. “This is going to lead to problems, sir,” he testified.

Many people are especially concerned about assigning an unprecedented number of major new responsibilities to implement ObamaCare to an agency whose primary task is collecting revenues to fund the Federal government.

We have used the GAO list as the basis for our list and have organized it by categories of new tasks: Collecting taxes, distributing subsidies, collecting information, and enforcing compliance.

Collecting taxes2

all of it here
The IRS and its 46 new powers to enforce ObamaCare | Galen Institute

 

[Stephanie]

ObamaCare...see that red triangle in the top left corner...IRS

 

[Stephanie]

hope and change...

SNIP:

Obamacare co-ops are focus of four federal investigations

BY: RICHARD POLLOCK JUNE 13, 2013 | 9:40 AM




Photo - Multiple federal investigations are probing the $2 billion Obamacare co-op loan program at the U.S. Department of Health and Human Services. (AP Photo) Multiple federal investigations are probing the $2 billion Obamacare co-op loan program at the...
Multiple federal investigations are probing the $2 billion Obamacare co-op loan program at the U.S. Department of Health and Human Services, The Washington Examiner has learned.

Investigators from two separate offices within HHS's Office of Inspector General are looking closely at the co-op program being fast-tracked under the Patient Protection and Affordable Care Act, aka Obamacare.

The Obamacare co-op program is also the focus of examinations by the House Energy and Commerce and Oversight and Government Reform committees headed, respectively, by Rep. Fred Upton, R-MI, and Rep. Darrell Issa, R-CA.

Twenty-four newly established Obamacare co-ops in 25 states hope to begin selling health insurance coverage to the public October 1 in competition with private sector firms.

Each of the new co-ops was selected by HHS to receive start-up loans of varying amounts that are supposed to be repaid in the future.

Because co-ops are relatively untested vehicles for selling and managing health insurance programs, the U.S. Office of Management and Budget has predicted that as many as 43 percent of the new groups will go bankrupt within a few years.

Investigators are focusing on the co-op program's lack of transparency, high likelihood of multiple defaults, and recurring charges of political favoritism in the selection process for choosing funding recipients.

One of the IG probes is focusing on the process used by the Obama administration to choose the 24 co-ops to be funded, which critics argue is flawed by favoritism. The IG's Office of Audit Services, its largest division, is carrying out that investigation.

The IG's Office of Evaluation and Inspections is carrying out a second investigation. Auditors are determining whether the new startups will be able to avoid insolvency or default, a major worry among insurance experts.

In Congress, Rep. Marsha Blackburn, R-TN, said an insider deal between the Vermont Health CO-OP and one of its founding senior executives "smells and reeks to high heaven of cronyism."

all of it here
http://washingtonexaminer.com/article/2531803?slideout=1

 

[Claudette]

Of course we know Obmacare is a trainwreck.

Folks had an opportunity to get rid of it by electing Romney. They chose to re-elect asshole.

We are now stuck with it unless the AG's of every State can get the SC to take another look at this trainwreck.

If not. We taxpayers are stuck with "subsidizing" every swinging dick in this country who can't pay for their own HC.

Suck it up folks. To bad those of us who didn't vote for jackass have to pay the freight he's dumping on us.