In April 2012, Obama “secretly” shifted half a billion dollars from the DHS to his IRS slush fund for implementing Obamacare. But, he discovered the hard way that you can’t hide moving half a billion dollars from the angry people paying attention. Now, we have even more reason to be angry. The IRS has lost $67 Million from the slush fund. Actually, they didn’t lose it. They spent it! But, they have no clue what they spent it on. Via Drudge, the Americans for Tax Reform report, 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: - See more at: thegatewaypundit/2013/09/irs-loses-67-million-from-obamacare-slush-fund-have-no-clue-where-they-spent-it/#sthash.mRLc8m10.7HzA37jp.dpuf
Posted on: Fri, 27 Sep 2013 22:55:09 +0000
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