Friday, March 11, 2016

Hey, it's only (YOUR) money!

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 ObamaPlan victims 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?
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