IRS chief: Buy health insurance or lose your tax refund | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

Individuals who don’t purchase health insurance may lose their tax refunds according to IRS Commissioner Doug Shulman. After acknowledging the recently passed health-care bill limits the agency’s options for enforcing the individual mandate, Shulman told reporters that the most likely way to penalize individuals that don’t comply is by reducing or confiscating their tax refunds.

Speaking at the National Press Club on Monday, Shulman downplayed the IRS’s role in enforcing the recent overhaul of the health insurance industry by claiming the agency would not aggressively target individuals who don’t purchase coverage. He noted that the health-care bill expressly forbids the agency from freezing bank accounts, seizing assets or pursuing criminal charges, but when pressed said the IRS would most likely use tax refund offsets to penalize those that don’t comply with the mandate. The IRS uses refund offsets to collect from individuals that owe the federal government a delinquent debt.

Hot Air » Blog Archive » Porkulus Follies: Weatherization program a flop.

When Barack Obama signed Porkulus over a year ago, one of its signature programs promised an explosion of jobs in the construction and contracting industries thanks to federal subsidies for weatherizing older homes.  In fact, as early as April 2009, Obama began bragging about the new jobs that his tax credits on weatherization and energy-efficiency remodeling would bring.  Eleven months later, the Associated Press reports that the explosion has turned into a multibillion-dollar implosion (via Fausta and JWF)

Subcommittee on Oversight ranking member Charles Boustany R-La. said the IRS provision in the bill “dangerously expands, in an ominous way the tentacles of the IRS and it's reach into every American family,” he said today during a press conference. “This is a vast expanse of power,” he said. Boustany said the bill would allow the IRS to confiscate refunds if there are penalties for not buying health care.

via Republicans assail IRS provision in health care bill – The Hill’s On The Money.

Hot Air » Blog Archive » What’s taking the CBO so long for its analysis? Update: $940 billion?.

You see, they chose that number because it puts it just under the TRILLION dollar(s) figure that we know will be scored by the CBO..

I didn’t get a chance to post this, but out of the all the crap spewed by NoBama yesterday, this was the most honest portion:

Obama on Slaughter strategy: “I don’t spend a lot of time worrying about what the … rules are”; Update: “Combative” video added

A Simple Gulfstream III Wasn't Good Enough for This Witch. Let Them Eat Cake!

This is QUEEN PELOSI’S  JET!!!  And the Democrites talk about Palin’s dresses???

Queen Pelosi wasn’t happy with the small USAF C-20B jet, Gulfstream III, that comes with the Speaker’s job … OH NO!  Queen Pelosi was aggravated that this little jet had to stop to refuel, so she ordered a Big Fat, 200-seat, USAF C-32, Boeing 757 jet that could get her back to California without stopping!  I understand that a former Speaker of the House, Newt Gingrich, flew commercial most of the time.

Many, many legislators walked by and grinned with glee as Joe informed everyone of what Queen Nancy’s Big Jet costs us, the hard working American tax payers, literally thousands of gallons of fuel every week.

Since she only works 3 days a week, this gas guzzling jet gets fueled and she flies home to California every Friday and returns every Monday, at a cost to the taxpayers (YOU and ME are those taxpayers!) of about $60,000, one way!

As Joe put it ….”unfortunately we have to pay to bring her back on Monday night and that costs us another $60,000!”  Taxpayers, that is $480,000 per month and that is an annual cost to us of $5,760,000!!!

Keep in mind the figures above do NOT include the cost of plane or crew … just the fuel!!!  One has to wonder what the total package costs us?No wonder she complains about the cost of this war … it might cramp her style and she is styling on my back and yours.  I think of the military families in this country doing without and this woman, who heads up the most do-nothing Congress in the history of our country, keeps fueling that jet while doing nothing..

Queen Pelosi wants you and me to conserve our carbon footprint.  She wants us to buy  smaller cars and Obama wants us to get a bicycle pump and air up our tires. She is another tireless promoter of the Global Warming AGW FRAUD and would like nothing more than to tax us into oblivion for our “Carbon Footprints”. Each week she leaves a carbon footprint as wide as the Grand Canyon in her big jet. What a total F’ing hypocrite! Who do these people think they are???  Their motto is …. Don’t do as I do … JUST DO AS I SAY! The hypocrisy is just staggering; Alice in Wonderland, The Emperor’s New Clothes, and the Twilight Zone all rolled into one.

And on top of that …. now she wants to tax our IRA’s & 401K’s!

FT.com / Companies / Automobiles – GM blames recall on Toyota supplier.

General Motors has blamed a supplier partly owned by Toyota for a faulty car part that led to the recall of 1.3m Chevrolet and Pontiac cars in North America.

Bob Lutz, GM’s vice-chairman, on Tuesday told the BBC in Geneva that the supplier – separately identified as JTEKT, a joint venture between Toyoda Machine Works and Koyo Seiko – had not met “all requirements for reliability and durability”.

If they didn’t meet  “all requirements for reliability and durability”, why were they put onto the automobile?

This is by far, the biggest load of crap that I have seen today…In other news, FORD sales jump; outsells GM...

UPDATE 1-Winter storms to distort US jobless figures-Summers | Reuters.

WASHINGTON, March 1 (Reuters) – White House economic adviser Larry Summers said on Monday winter blizzards were likely to distort U.S. February jobless figures, which are due to be released on Friday.

“The blizzards that affected much of the country during the last month are likely to distort the statistics. So it’s going to be very important … to look past whatever the next figures are to gauge the underlying trends,” Summers said in an interview with CNBC, according to a transcript.

Construction activity was hit particularly hard by the storms, but many restaurants and stores also had to close, putting the brakes on hiring plans and temporarily throwing some employees out of work.

Summers, director of the White House’s National Economic Council, also said the United States was closely monitoring Greece’s debt problems and U.S. Treasury Secretary Timothy Geithner was encouraged by what he had heard from European officials about the issue.

“With respect to Europe, I am obviously very concerned about what’s happening in Greece and Portugal, in Spain, in Italy, on the European continent,” Summers said.

“I think there have been increasing signs of recognition both in Greece and in the major countries of Europe that this is a situation that has to be managed; that combination of getting the Greek budget under better control and providing more support is necessary to stabilize this situation.”

Summers brushed aside speculation that he was interested in changing jobs.

“I like what I’m doing,” he said. “My view is if the president asks me to do something in which I think I can make a contribution, the right approach to it is to say yes, and that’s why I’m very pleased to be here working at the National Economic Council.”

Liening on NY homeowners – NYPOST.com.

WOW!

Fannie and Freddie are at it again | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

– Fannie Mae and Freddie Mac are dating again. And word has it they’re seeing way too much of each other. Because their Congressional “parents” cannot be totally unaware of what Fannie and Freddie have been up to, individual incumbents in both chambers are either consciously avoiding their personal oversight responsibility—to provide adult supervision—or, may actually condone the various schemes carried out by the two government-controlled mortgage finance companies

Oops. An Albany cop-union boss just let the protect-and-serve mask slip.Albany Police Officers Union President Chris Mesley says that, regardless of the faltering economy, a no-raise new contract is unacceptable.And to hell with the public.

via What union bosses think – NYPOST.com.

The message? Sacrifice is for suckers — not unionized government employees.

Thus do taxpayers end up working longer and harder to pay for the guaranteed salaries and plush benefits of union members.

Mesley admits that he understands that. He just doesn’t care.