Certified Public Accountants

Congress Wants to Know Costs to IRS Health Care Law

Aug 14, 2012

The health care law is under scrutiny from all sides. The Supreme Court concluded three days of oral argument in a case challenging the constitutionality of the individual mandate in the health care law.  A decision is expected before the Court recesses in June. Meanwhile, because IRS will administer much of the law, House Ways and Means Committee Chair Dave Camp, R-Mich., and Oversight Subcommittee Chair Charles W. Boustany Jr., R-La., have written to IRS Commissioner Douglas Shulman asking for details on the amount of money and additional employees that may be required under the Act. The request comes after reports surfaced that the Obama Administration will give the IRS half a billion dollars to implement the health care law. In the letter, Rep. Camp  specifically requested information on how many employees are being hired and which of the many tax increases in the health care law the new IRS employees will be working on. Camp points to a study by the Congressional Budget Office that the IRS could need up to $10 billion to implement the law over the next decade. To read the letter, see:
http://waysandmeans.house.gov/ UploadedFiles/DLC_CWB_letter_to_ IRS_4_10_12.pdf