The IRS lost $67 million taxpayer dollars from the IRS Obamacare slush fund, according to the Treasury Inspector General for Tax Administration.
It’s just a slush fund and it’s only $67 million! They know what happened to it – it was stolen or lost.
The money is a slush fund for Obamacare implementation – for enforcement of tax provisions. The fund has $1 billion to enforce 50 tax provisions and they only misplaced $67 million of it. Fabulous!
I don’t know why burglars plan these big heists. They should just get a job with the IRS and fill out a requisition for a million here, a million there, from one of the many IRS slush funds.
According to the Inspector General’s 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.”
The report also cited abuses: Travel was charged by some employees but the IRS made no effort to determine whether the travel had anything to do with their jobs.
The slush fund spending was the equivalent of 1,272 IRS Obamacare agents. The IRS is currently asking for an additional 859 agents for 2013.
I love this free healthcare, don’t you?
I know one thing. If they find out who the culprit is, the person will merely be transferred to a different job or s/he will be retired on a six-figure income. That’s how it works in the IRS.
Full story at atr.org