Already, there apparently are vast sums of money, supposedly reserved for Obamacare implementation, that have gone missing, and are unaccounted for. Americans for Tax Reform (ATR) has commented on this new IRS development:
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.
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.
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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.”
