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Congresswoman Jenkins Questions IRS Commissioner - KOAM TV 7

Congresswoman Jenkins Questions IRS Commissioner

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NEWS RELEASE ISSUED BY THE OFFICE OF U.S. CONGRESSWOMAN LYNN JENKINS (KAN.)

WASHINGTON – Today Congresswoman Lynn Jenkins (KS-02) questioned the Internal Revenue Service (IRS) Commissioner John Koskinen on whether the IRS has systems in place to prevent tax fraud and improper payments made to individuals enrolling in the healthcare exchanges who are eligible for refundable tax credits.

During a Ways and Means Subcommittee on Oversight hearing with the IRS Commissioner, Congresswoman Jenkins highlighted the following:

  • The IRS’s new mission of distributing a new refundable tax credit could make it a target for abuse, particularly because of the high fraud rates with other refundable tax credits administered by the IRS.
    • In the years before the Affordable Care Act took effect, the IRS’ mismanagement of refundable tax credits cost American taxpayers an estimated $140 billion in improper payments.
  • One in every four IRS refund payments made under the Earned Income Tax Credit refund is actually made in error.
  • The IRS openly admits that the agency makes a number of mistakes when it comes to issuing refundable tax credits, and has even greater difficulty recouping those improper payments after they have been made to individuals.

After the hearing, Congresswoman Jenkins stated: “As you know, the President’s healthcare law tasks the IRS with a yet another refundable tax credit to manage with $900 billion in taxpayer dollars at stake. Today, I was not reassured that the IRS is prepared to handle the potential brazen tax refund fraud that will accompany this new refundable tax credit program, as with existing refundable tax credits, they do not have the proper mechanisms in place to verify peoples’ incomes (or eligibility) before the money goes out the Treasury door.”

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