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Another big story breaking for you right now on the rollout of Obama care is second in less than a week this new controversy is shaping up.
Over decision now letting people use quote the honor system to request billions of dollars in federal insurance subsidies.
-- -- his fellow at the American enterprise institute and former speechwriter for.
President George W.
Bush and -- were -- is a former senior political advisor to the late senator Frank Lautenberg and Fox News contributor welcome to both the view -- Great to see you guys.
-- -- this is interest in this announcement this come out that in order to.
Apply and be eligible for these federal subsidies generally you have to make under 45000.
Dollars for individual.
But now they won't really require any documents.
-- have to say how much you make.
And that's good enough what do you think about well you know -- -- -- if you do damned if you don't you know the right -- -- -- -- IRS out of Obama Karen looks like they're getting their wish partially right I mean -- to some extent IRS isn't going to be checking -- income statement -- checking to -- -- much money you're making.
So in driving this is the best way to go no I think that unfortunately this obamacare has gotten incredibly underfunded because the Republicans don't want to fund it.
I think there's been constant roadblocks to getting it implemented despite like what the law was passed since -- -- the by those patents a lot.
And you're seeing some of these consequences which is -- think that there's just really no money for for this vast expansion of IRS -- Treasury Department.
Overhaul to see that people actually are validating their their real income and that's that's what you're seeing here focus award is that it is it because there's just not enough money to enforce that is that why they're doing this.
I'll I don't think that's the reason -- to look I find it deftly funny.
-- Syria when Billy brings up the IRS the Obama IRS.
Grilled Tea Party groups demanding hundreds of intrusive questions in order to get tax exempt status but when it comes to Obama care subsidies they're gonna rely on self reporting without further verification I mean -- it's almost humorous.
And the best part of it is the the reason they gave for -- for waving the verification requirement they said and I'm I'm I'm quoting them I'm not I'm not making this up.
That it with not feasible to check the to to check the eligibility of individuals so we're learning from the Obama administration amazingly.
That it is not feasible to check the eligibility of tens of millions of Americans complying with tens of thousands of pages of regulations.
They've got a situation where this bill is so massive so complicated so unwieldy.
That the Obama administration admits it cannot implement Obama well that what -- -- -- Artist mark would you rather just give the IRS the with the vast expansion of power and about expansion of money it's actually double check all these tens of millions of people because.
-- on the one hand you say you don't want IRS involved obamacare fine which granted to some extent -- this.
Another hander essentially saying -- -- we have to give the IRS the power to enforce this mechanism the slot.
So what is it and he does have to make it reminds you want IRS and Bob do you not want IRS and welcome nice that you're sort of -- if you do damned if you don't from the Republican perspective you're -- gonna be up by anything that anybody does on this issue.
-- -- -- I'll tell you what I want I want obamacare repeal -- happening disaster.
And this that this is -- -- this is evidence of what a disaster it is your own administration your own party people wrote this law OK and you can even implement it.
This is this is one after another example of the train wreck of implementation first we can implement the the employer mandate which is a terrible idea it's gonna call and the reason by the way the -- and implement the employer mandate is that they don't want.
Business -- the -- cutting hours and cutting jobs right before the mid term elections.
And now they're not -- -- -- to implement the the and verification procedures and the reason for that is very simple because these are embarrassments.
The real embarrassment that they're afraid of is that nobody is gonna show up that nobody is that the sign up for the subsidy -- what I'm doing -- right lowering the barrier but no one signs up for the subsidies.
That obamacare falls apart because the exchanges fall apart so this that this is -- situation we're afraid if they built that no one will come -- and that's why the -- Answer my question which -- I guess you actually do you want to expand -- I do it and enjoy utilities now -- I don't doesn't want any part of this well you're you're you know I let you know of the sort of that choice but could they have -- -- -- just make this point between this if they're not going to be able to check.
On the eligibility for subsidies and it last week the announcement that.
The employer mandate was going to have to be delayed it's not exactly inspiring confidence.
In obamacare how should the American public -- viewer.
In these last minute changes well there's two components here one is obviously this is -- humongous undertaking I do agree with mark and that so it does take time to implement and I think the administration was unrealistic.
And saying how long it was gonna take to implement the way they should view it as simple.
If you have a preexisting condition no -- -- -- able to be thrown off your health insurance because you have cancer.
If you suddenly develop cancer while having health care no longer is an insurance company that'd be able to throw you off the insurance rolls just because -- developed a disease and they don't want to pay for.
And so forth -- -- and to your point that is marked the most popular component.
Of obamacare the -- existing condition so -- -- last word.
Ball well yes but that there's find there are popular kimonos obamacare but the -- bill is massively unpopular.
And this -- waving of the verification requirement is in an invitation to fraud.
We already know from the treasury inspector general that 25% of earned income tax credits go to people who are not eligible so if you -- that great.
A fraud to this obamacare mandate it's going to be 250.
Billion dollars in improper payments it'd to the American people if we go at that rate this -- -- huge invitation to fraud.
It's a massive to be disaster ability it's going to be -- -- that I.
Three let's let's unless some I have to worry about this kind of Roger actually ran that one let's -- Like right OK I have thanks so much for the debate -- season jeweler against the thanks so much received thank you meanwhile.
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