IRS Commissioner: We’ll Deal With Obamacare Even Though Congress Has Withheld Funding Request
Source: Washington Times
The commissioner said the Obama administration asked lawmakers for $430 million in fiscal 2014, including $300 million need to build out systems that would let the IRS administer premium tax credits and enforce the provision in the health overhaul that requires Americans to hold insurance.
“No portion of this request was funded,” he told the House Ways and Means Committee.
Nonetheless, he said, the agency will forge ahead with the mandate Congress gave it through the Affordable Care Act of 2010.
The health care law’s “individual mandate” requires Americans to hold health insurance unless they qualify for an exemption or a hardship. For instance, the lowest cost health plan on the new exchanges may be unaffordable for some people.
People who received government subsidies on the new health exchanges will have to calculate and claims their subsidies on new tax forms.
“And yet, we still anticipate an increase in calls,” he said, before reciting his concerns about funding.
Filed Under: ACA/Health Reform