IRS Watchdog: $67 Million Missing from Obamacare Slush Fund

ATR ^ | 9/25/13 | John Kartch

[Libloather]

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:

[Libloather]

Heard today that the IRS submitted a letter requesting they be exempt from Commiecare™. They may already know that there won't be any money to fund the massive boondoggle.

[Blood of Tyrants]

More money pissed away by the IRS.

[KC Burke]

Don't worry, now that the roll-out is underway, this number will be outdone day after day for years ahead.

The great government health-care colossus is underway.

[colorado tanker]

Spent all the money on staff to stifle conservative 501c4’s.

[Salamander]

"The great government health-care colossus Juggernaut is underway."

Fixed that for ya. ;]

[Uncle Miltie]

The abuse, malfeasance, law breaking, unconstitutionality, theft, and civil rights violations crash down daily from the 0bama Administration.

Nothing shocks anymore.

[blueunicorn6]

The purpose of the Democrat party is to elect thieves to public office so that they have access to the public treasuries in order to loot them.

[novemberslady]

All of them (no matter which party they are) in both houses of congress need to defund obamacare.

Because if you take $67,000,000.00 (THAT"S SIXTY SEVEN MILLION DOLLARS)
of money from hard working tax payers for obamacare
AND MAKE IT DISAPPEAR,
you damn well better not take more money from the American people.

$67,000,000.00 (SIXTY SEVEN MILLION DOLLARS) IS MISSING AND YOU WANT TO SEND THEM MORE???
why?

[Hardraade]

Let me guess.

Diamond golf clubs?

[smoothsailing]

$67 Million Missing from Obamacare Slush Fund

It went to The Lois Lerner Retirement Fund.

[SueRae]

Ya don’t say. Must have gotten away in a transporter beam.

And we trust them to review OUR taxes???? Unplug me from this Borg.

[SierraWasp]

Here's the real scoop!!!

The Dems are taking us directly to "Single Payer" Medicare/Medicaid for all, to be paid for by fuel taxes just like Canada, Briton and Australia. We're goin back under the crown with "deep impact" on all of our lives.

We're really going to miss America my FRiends!!!

[Iron Munro]

That is why politicians love hiuge government programs that are rushed through with few controls and safeguards.

There are always huge amounts of money floating around to misuse, scam and steal and no watchdogs.

[kcvl]

Funds funneled to supporters of Obamacare...

“indirect training costs relative to supporting a primary care residency program in qualified teaching health centers”

[glorgau]

It’s under the column labeled “Incidentals”.

[Jim Robinson]

You’ll find it in the same place they found Hillary’s billing records.

[kcvl]

From Fiscal Year 2010 to FY 2012 the IRS received $488 million from the Health Insurance Reform Implementation Fund (HIRIF) — managed by the Department of Health and Human Services — to cover costs incurred to implement the president’s signature health care law.

According to TIGTA, some of the IRS’s Obamacare implementation costs were inaccurate or not properly tracked.

“Specifically, we found that costs charged to HIRIF funding relating to direct labor were sometimes inaccurate and not always substantiated by reliable supporting documentation,” the TIGTA audit reads

http://dailycaller.com/2013/09/25/irs-failed-to-account-for-67-million-in-indirect-obamacare-implementation-costs/#ixzz2fwl7My47

[NonValueAdded]

Try not accounting for every penny when YOUR info is reviewed by the IRS

[Mastador1]

Have they checked Zero and Moochelle’s offshore bank accounts?

[tubebender]

That mass government ammunition buy was just to remove it from the retail inventory so Americans can not arm themselves to fight the theft of our God Given Freedom