Monday, 6 January 2014

IRS chief says may face budget crunch on Obamacare rollout


Koskinen testifies before a Senate Finance Committee confirmation hearing on his nomination to be commissioner of the Internal Revenue Service (IRS) on the Capitol Hill in Washington By Patrick Temple-West WASHINGTON (Reuters) - 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. 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. "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.








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