Paul L. Caron
Dean




Thursday, June 2, 2016

The IRS Warned Obama It Was Illegal To Pay ObamaCare Subsidies To Insurance Companies

Following up on yesterday's post, NY Times: In Secret Meeting At White House, IRS Officials Pressed On ObamaCare Subsidies:  The Week, The IRS Warned Obama It Was Illegal to Pay ObamaCare Subsidies to Insurance Companies:

[I]n a sworn deposition newly made public, the IRS's Chief Risk Officer David Fisher told the House Ways and Means Committee that he had raised concerns to the Obama administration in 2014 when it was about to authorize subsidies to insurance companies as part of ObamaCare, a move which a judge ruled was illegal in early May.

Fisher's testimony suggests the White House knew it was breaking the law when it decided to go forward with the subsidies. He testified to telling administration officials that "there was no clear reference in the section regarding the cost-sharing reduction payments to the Internal Revenue Code in the Affordable Care Act" and the "cost-sharing reduction payments are not linked to the Internal Revenue Code, as far as I could tell, directly anywhere."

Reason, The IRS Warned the Obama Administration That Its Decision to Pay Obamacare Subsidies to Insurers Was Illegal

https://taxprof.typepad.com/taxprof_blog/2016/06/the-irs-warned-obama-it-was-illegal-to-pay-obamacare-subsidies-to-insurance-companies.html

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Comments

So another illegal act by the thuggish Obama Administration, directly authorized by Obama himself, goes unpunished by the Congress. Too bad the Founding Fathers didn't set up some sort of checks-and-balances between the three branches of gov't when they wrote the Constitution.

Posted by: Diggs | Jun 3, 2016 5:33:38 AM