GOVERNMENT AND POLITICS
Hope 'n' Change: Playing by the Same Rules
On Thursday, the House passed the "No Subsidies Without
Verification Act," 235-191, which would block ObamaCare insurance
subsidy payouts until the Department of Health and Human Services implements a
system to verify eligibility. Republicans aim to close a loophole that HHS created in July that allows
people to apply for insurance subsidies without proving their income or whether
their employer already provides federally approved health benefits.
HHS insists Republicans are overstating the opportunity for fraud and
abuse because fear of future HHS and IRS audits will keep people honest.
Yet this audit power hasn't prevented people from, for example, playing fast and loose
with the Earned Income Tax Credit. The Treasury Inspector General estimates
that a quarter of those credits go to ineligible recipients, and equivalent
fraud in ObamaCare would mean $250 billion in wrongful income redistribution
over a decade. Predictably, the Democrat-controlled Senate won't
consider the House measure, though Sen. Tom Coburn (R-OK) introduced it, and
the White House issued a veto threat. Team Obama needs the bodies to make the
program work, and they don't want stricter rules blocking folks from getting
their "fair share."
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