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Stories Stories Politics IRS chief says may face budget crunch on Obamacare rollout

IRS chief says may face budget crunch on Obamacare rollout

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Written by Aldine      April 24, 2014    
 
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The U.S. Internal Revenue Service may need to spend money on its Obamacare implementation at the expense of other agency programs due to budget constraints, its new commissioner said on Monday.

Face budget crunch

John Koskinen, sworn in on December 23 to lead the tax agency, did not elaborate on what programs might suffer to ensure full funding for the IRS's numerous jobs in putting into effect President Barack Obama's Affordable Care Act (ACA) of 2010.

Koskinen said the IRS' role in implementing the ACA has so far been glitch-free. More work is coming for the agency in early 2015, when Americans will start reporting healthcare compliance information to the IRS, he said.

"The ACA program will be funded ... If our budget continues to shrink other things may have to go by the wayside," he told reporters at the IRS headquarters in Washington.

[Read Full article:IRS chief says may face budget crunch on Obamacare rollout]

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Epicentre
WASHINGTON, DC,USA

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Author
Patrick Temple-West
Contributor's Comment
ohn Koskinen, sworn in on December 23 to lead the tax agency.
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