"...The law contains dozens of targeted appropriations to implement specific provisions. It also gave the Department of Health and Human Services (HHS) a $1 billion implementation fund, to use as it sees fit. Republicans have called it a “slush fund.”
HHS plans to drain the entire fund by September — before the presidential election, and more than a year before most of the healthcare law takes effect. Roughly half of that money will ultimately go to the IRS...
The healthcare law includes a slew of new taxes and fees, some of which are already in effect. The tax agency wants to hire more than 300 new employees next year to cover those tax changes, such as the new fees on drug companies and insurance policies...
HHS has transferred almost $200 million to the IRS over the past two years and plans to transfer more than $300 million this year, according to figures provided by a congressional aide...
The IRS will also administer the most expensive piece of the new law — subsidies to help low-income people pay for insurance, which are structured as tax credits. The agency asked Congress to fund another 537 new employees dedicated to administering the new subsidies..."
3 comments:
Does this mean he was lying? Oh, I'm so surprised.
Socialism in action.
Since day one he's run a shell game - a Three-Card Monte tournament - and it harkens back to a sideshow barker peddling medicine (Kool Aid). However it's simply in his nature to do this. The pattern set early in his life has served him well and made him 'leader of the free world'. A different sort of Austrian Paper Hanger. That's all.
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