Wednesday, October 27, 2010

IRS Funding A Target In Health-Care Battle.

http://online.wsj.com/article/SB10001424052702303341904575576094070516942.html?mod=WSJ_hpp_sections_smallbusiness


What they won't stop though is the outsourcing of the job.
If the investment banks subsidiaries can now collect your State or Local taxes, can you see over this financial dilemma to fund the IRS an opportunity for them to slip right in?
Now think of the mess they've made with property registration and foreclosure irregularities.


Funding for the Internal Revenue Service could become a battleground in the next Congress as Republicans seek to halt implementation of the new health-care law.

GOP candidates are running on a pledge to repeal that law. But some repeal advocates say a strategy of choking off funding to the IRS and federal health agencies is more politically viable.

."Repeal is not within the set of possible outcomes while President Obama holds his veto pen. However, a defunding strategy could throw sand in the gears of health care and bring it to a near standstill," said Michael Cannon, director of health policy studies at the libertarian Cato Institute.

Some Republican members of the House of Representatives have already made clear their intention to target IRS funding. "We have the power of the purse," Rep. Phil Gingrey (R., Ga.) said during a CNN appearance last month.

"Every one of these agencies involved in implementing this new law will need $5 billion to $10 billion of appropriations. We can stop that and we can certainly stop the IRS from hiring," said Mr. Gingrey.