February 8, 2018
IRS overpaid billions in Obamacare subsidies and can't recover it
By Rick Moran
A Treasury Department watchdog says that the IRS overpaid Obamacare subsidies for taxpayers by $3.5 billion in 2015 alone, and because of constraints built into the law at the time it was passed, cannot recover the money.
How much of the overpayments were due to fraud? The basic problem appears to be taxpayers underestimating their income for the year. And it didn't matter to the agency whether the extra subsidies were the result of an honest mistake or an effort to defraud the government.
Read more:
http://www.americanthinker.com/blog/2018/02/irs_overpaid_billions_in_obamacare_subsidies_and_cant_recover_it.html#ixzz56bX4btTF
