That Dog Won't Hunt : IRS Watchdog: $67 Million Missing from Obamacare Slush Fund

Oh, its just $67,000,000!? Slush Fund!????!!!
It's not like it's the $Billions wasted every year or the $Trillion in Debt rung up every year.
Abolish the IRS and retard all spending!  Stop Obamacare as the first savings! m/r

Americans for Tax Reform : IRS Watchdog: $67 Million Missing from Obamacare Slush Fund
September 25, 2013
John Kartch 

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. 

According to the report:  “Specifically, the IRS did not account for or attempt to quantify approximately $67 million [from the slush fund] of indirect ACA costs incurred for Fiscal Years 2010 through 2012.”

The report also found several other abuses of taxpayer funds, including: -go to link-

Read more: http://atr.org/irs-watchdog-million-missing-obamacare-slush-a7886#ixzz2g10O6dnM
Follow us: @taxreformer on Twitter