A month or so ago, we noted that it costs taxpayers "$50,000 for every person who gets health insurance under the Obamacare law." Looks like that might be a bit optimistic:
"Watchdog finds $447 million IRS PPACA tax credit math error"
Ooops.
Apparently, the rocket surgeons at the Infernal Revenue Service misunderstood their own calculations due to a "programming error," which resulted in substantial overpayments on behalf of ObamaPlanvictims buyers.
Here's the very best part:
"The accounting errors identified are primarily attributable to the lack of comprehensive testing"
Seems to be something of a habit with these folks, no?
"Watchdog finds $447 million IRS PPACA tax credit math error"
Ooops.
Apparently, the rocket surgeons at the Infernal Revenue Service misunderstood their own calculations due to a "programming error," which resulted in substantial overpayments on behalf of ObamaPlan
Here's the very best part:
"The accounting errors identified are primarily attributable to the lack of comprehensive testing"
Seems to be something of a habit with these folks, no?
from InsureBlog http://ift.tt/1RULJih
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