Report Reveals Obamacare Will Saddle IRS with Billions of Unfunded Costs

On July 11, 2010, in Obamacare, Taxes, Uncategorized, by admin

A warning that federal tax officials will need more congressional funding to administer the Democrats’ health reform law has rekindled the partisan debate over its cost effectiveness.

Senior Republicans have said for months that the new responsibilities required of the Internal Revenue Service (IRS) under the legislation would saddle the agency with billions of dollars in additional costs — expenses not accounted for in the bill.

A Wednesday report from the National Taxpayer Advocate (NTA), an independent watchdog within the IRS, backed those claims, finding that the agency currently lacks the resources to take on the new duties.

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