Government won't verify income claims for Obamacare subsidies

What's worse is that, according to Forbes, the administration tried to bury the announcement that the government is going to trust people to be honest about their income when applying for Obamacare subsidies in the Federal Register. No formal announcement of this open invitation to fraud was made by the Obama White House. If you thought the delay in the employer mandate was bad news for Obamacare, just wait. On Friday, Sarah Kliff and Sandhya Somashekhar of the Washington Post discovered that the Obama administration had buried in the Federal Register the announcement that the government won't be able to verify whether or not applicants for Obamacare's insurance exchange subsidies are actually qualified for the aid, in the 16 states that are setting up their own exchanges. Instead, until at least 2015, these states will be able to "accept the applicant's attestation [regarding eligibility] without further verification." If you've been following the latest news around...(Read Full Post)