IRS Representatives Face Obamacare Questions in House Committee Hearing

The agency doesn't inspire confidence

As the IRS attempts to administer the new aspects of Obamacare, it could hit taxpayers with unexpected tax bills or end up doling out subsidies to frauds, Republicans warned in a House committee hearing Thursday.

Officials from the IRS and the Centers for Medicare and Medicaid Services told members of the House Ways and Means Committee that the Obamacare rollout is proceeding as planned, insisting that the GOP's concerns about fraud and unforeseen taxes are misguided.

Rep. Paul Ryan, R-Wis., countered that he wasn't misguided -- the IRS is.