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IRS Lost Millions in Obamacare-Related Costs

Lest we forget, the Internal Revenue Service is in charge of accounting for and reporting the costs associated with all things Obamacare.

Turns out, the tax collector isn’t doing a very good job.

A new audit shows the IRS had trouble keeping track of nearly $70 million in indirect Affordable Care Act costs incurred for fiscal years 2010 through 2012.

Hey, Ted Cruz! You’re on.

The Treasury Inspector General for Tax Administration in its report “identified several opportunities where the IRS could improve the process it uses to account for and report costs associated with the implementation of the ACA.”

Source: Watchdog.org. Read full article. (link)

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