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Health Care: What Obama Claimed As ‘Largest Middle Class Tax Cut’ IRS Says ‘Will Go Directly To Insurers’

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PRESIDENT OBAMA: “It’s Also Important To Note That The New Health Reform Law Includes The Largest Middle Class Tax Cut For Health Care In History, and once it’s implemented; millions of Americans will finally be able to purchase quality, affordable care and the security and peace of mind that comes with it.” (President Obama, Weekly Radio Address, 4/10/10)

IRS: “The Health Care Subsidies Will Go Directly To Insurers, Not Taxpayers” “The IRS does a poor job of managing social programs. … In tax year 2006, the latest year available, IRS made $10 billion to $12 billion in erroneous EITC [Earned Income Tax Credit] payments, according to a study by the Treasury Department’s inspector general. IRS officials argue that the two programs are vastly different. The health care subsidies will go directly to insurers, not taxpayers, giving individuals little incentive to cheat, says IRS spokesman Frank Keith.” (“IRS Lacks Clout To Enforce Mandatory Health Insurance,” USA Today, 4/29/10)


Article written by: Tom White

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog. Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.


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