WASHINGTON-Republican lawmakers charged that the American Association for Retired Persons, which lobbied hard for the Affordable Care Act of 2010, now stands to profit from its passage. The lawmakers on Wednesday called for the IRS to investigate whether the powerful interest group representing older Americans should be stripped of its federal tax exemption.
Three veteran GOP representatives released a report that estimates the seniors lobby could make an additional $1 billion over 10 years on health insurance plans whose sales are expected to pick up under the new law. They also questioned seven-figure compensation for some AARP executives.
"Based on the available evidence, substantial questions remain about whether AARP should maintain its tax-exempt status," said the report, released by Reps. Wally Herger of California, Charles Boustany of Louisiana (top) and Dave Reichert of Washington.
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