August 8, 2012 8:36AM # My Testimony on the Illegal IRS Rule Increasing Taxes & Spending under ObamaCare By [Michael F. Cannon](https://www.cato.org/people/michael-f-cannon) --- SHARE Here is the [video](http://youtu.be/sZNnGIjy8DU) of my recent opening statement before a [House Oversight Committee hearing](http://oversight.house.gov/hearing/irs-enforcing-obamacares-new-rules-and-taxes/) on the IRS rule that Jonathan Adler and I write about in our forthcoming *Health Matrix* article, “[Taxation without Representation: the Illegal IRS Rule to Expand Tax Credits under the PPACA](http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2106789).” Please forgive the audio. In addition, Pete Suderman [writes](http://reason.com/blog/2012/08/07/another-irs-attempt-to-rewrite-an-unwork) that Adler and I “have [jointly authored a long and quite convincing rebuttal](http://healthaffairs.org/blog/2012/08/01/the-illegal-irs-rule-to-expand-tax-credits-under-the-ppaca-a-response-to-timothy-jost/) to defenders of the IRS rule over at the journal *Health Affairs*. If they are right, it could be a fatal blow to the law.” ##### Related Tags [General](https://www.cato.org/general), [Government and Politics](https://www.cato.org/government-politics), [Health Care](https://www.cato.org/health-care) [![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).