IRS Obamacare Power of the Day: Medicare Cuts

Posted by Adam Radman and Ryan Ellis on Wednesday, July 17th, 2013, 1:43 PM PERMALINK

Throughout the summer, Americans for Tax Reform will be highlighting the most outrageous new powers that the IRS will have under the Obamacare law.  According to a report from GAO, the IRS is tasked with nearly four dozen new powers under that law.  Each day, one will be selected for a brief review.

The IRS has to tell the Medicare program how much income current seniors make.  The reason?  So current seniors can face a Medicare benefit cut and pay more for their prescription medicines.

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