The IRS needed more money in order to enforce Obamacare. It will get half a billion dollars by September. That should suffice for a year or so. Maybe.
If the Supreme Court strikes down this monstrosity, will the IRS give the money back? I doubt it.
This is only a fraction of the money sent to the IRS to implement the law. It is being transferred outside of the usual appropriations process.
Republicans in Congress are complaining. Why bother? The Constitution puts the House in Charge of all appropriations. If the House decides not fund this monstrosity, Obamacare will die. It’s legal to kill it this way.
The government under one Administration can pass all the laws it wants. Any subsequent House of Representatives can simply end the project by not ponying up any more money.
They never tell you this in high school civics textbooks. Why not? Because voters might figure out that they can pull the plug on any of these boondoggles at any time. Just elect 220 House members who vote not to fund it. “Yes, a previous Congress passed a law. But this Congress does not have to pay for it.”
Does the Speaker of the House even mention this? No.
The Republican’s hoopla about fighting Obamacare is all grandstanding, as Nixon called it. It’s all for the voters back home in an election year.
Meanwhile, the Obama Administration is running out of implementation funds. So, they are using “creative finance.”
The law allows the Department of Health and Human Services to use $1 billion in any way it likes. So HHS has send $200 million to the IRS. It will send $300 million more before the election.
This is an IOU to the IRS. If the law is struck down, the IRS will owe Congress the money.
Send out the bill collector!
The Government Accountability Office says it’s all legal.
But this will deplete HHS. So, it will have to come back, tin cup in hand. “Please, sir, may we have some more?”
But will the money be used to enforce the individual mandate? The IRS won’t say.
There will be other new fees and taxes next year. The IRS needs 300 new agents.
The IRS will also administer the most expensive piece of the new law — subsidies to help low-income people pay for insurance, which are structured as tax credits. The agency asked Congress to fund another 537 new employees dedicated to administering the new subsidies.
And so it goes. If the Supreme Court does strike down the individual mandate, that will help. If not, the squeeze will begin in earnest.
The House can veto this at any time. It won’t. The deficit will continue. The debt will grow. The Great Default will come. I hope you are preparing for it.