Thursday, August 1, 2013

Issa on Obama Treasury Official’s Testimony: ‘Pretty Close to a Useless Witness’

(CNSNew.com) – Rep. Darrell Issa (R-Calif.) told an Obama-appointed Treasury official that she was “pretty close to a useless witness” during a hearing into the IRS regulation issued last year that expands tax credits beyond those provided for in the Affordable Care Act (Obamacare) to individuals in states that do not set up health insurance exchanges.
Emily McMahon“You were pretty close to a useless witness who came, saying, ‘I don’t know,’” Issa, chairman of the House Oversight and Government Reform Committee, said to Emily McMahon, deputy assistant secretary for tax policy at Treasury.
“And if history is of any indication, the things you said you’d take back for the record, you won’t come back with any answers,” he said at the hearing before the House Oversight and Government Reform Subcommittee on Energy, Health Policy and Entitlements on Wednesday.
The IRS regulation, recorded in the federal register on May 23, 2012, expands the tax credit established in the law for eligible enrollees in state insurance exchanges to include those insured through federally established and operated exchanges.
Twenty-seven states have declined to set up insurance exchanges, which will result in “default” to federal exchanges, according the Kaiser Family Foundation.
Via: CNS News

Continue Reading....

No comments:

Popular Posts