Rep. Ryan: Obamacare Error Gives Subsidies; IRS 'to Claw It Back' Two Years Later

By Tim Johnston | August 6, 2013 | 1:16pm EDT

Rep. Paul Ryan (R-WI) went head to head with acting IRS Commissioner Danny Werfel over the health care law on August 1st.

During the brief confrontation, Ryan blasted Werfel over a subsidy loophole in the ObamaCare Mandate, which Werfel proved unable to adequately explain.

The unavoidable loophole, as Ryan notes, is the result of the administration's primary "enforcement tool," the Employer Mandate, remaining active until 2015.  Essentially, a person receives an unentitled subsidy from their employer, and, once the Employer Mandate becomes operational, the unlawful subsidy will be discovered, forcing the person to pay back the entire amount.

Rep. Ryan summarized his criticism by saying, "You're gonna have a lot of people getting subsidies they're not supposed to get, and then you're gonna hit them with a big tax bill in about two years to claw it back..."

CNSNews Reader,

The liberal media are terrified of the truth, especially when it leads to uncomfortable questions about their own leftist worldview.

CNSNews covers the stories that the liberal media are afraid to touch. It drives the national debate through real, honest journalism — not by misrepresenting or ignoring the facts.

CNSNews relies on the support of our loyal readers to keep providing the news and commentary that matter to the American people, not just stories that prop up the liberal agenda.

Make a donation today. Just $15 a month would make a tremendous impact and enable us to keeping shining the light where the liberal media are afraid to tread.

— The CNSNews Team



Sign up for our E-Brief to receive the latest news.