Remember when I reported on the Heartbleed vulnerabilities in the Obamacare website? This is sort of like that. The White House has been constantly working to fix any security vulnerabilities in Healthcare.gov. The IRS? That's a different story. I'll explain.
Thanks to Obamacare, insurance companies must submit information about net premiums to the IRS every year. That includes net premiums earned. Additionally, drug companies have to submit certain sales information as it relates to federal funding. Based on that info, the IRS will collect taxes and fees from those companies. But now we know the system the IRS is using to do this is severely flawed.
The Fiscal Times reports:
The Treasury Inspector General for Tax Administration recently examined a new computer application, called the ACA Information Returns system and known as AIR, that processes these returns. The IG's heavily redacted 44-page report, released Tuesday, suggests, specifically, the agency neglected to check source code for bugs and fix security vulnerabilities.