Who Needs a Billion Dollars?

So there is this:

The IRS overpaid nearly $4 billion to Obamacare customers through tax credits last year, and because of the way the law is written it can’t even try to collect on a quarter of that, the Treasury Department’s inspector general reported this week.

All told, the Treasury Department paid out roughly $27 billion in Obamacare subsidies in the 2018 tax-filing season, with overages accounting for $3.7 billion of that. Only $2.7 billion was recaptured.

What’s a billion dollars amongst friends?

Also, remember that Obamacare only looked at income. So if you were independently wealthy and didn’t work then Obamacare would you give you free care because you had no income. Isn’t that great. Wait, you say, it’s too hard for the government to figure out how much OVERALL money someone has. Really? Every college does it when looking at parent’s income.


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126720cookie-checkWho Needs a Billion Dollars?