and America takes another one in the........
Posted on 09/15/2011 10:22:15 AM PDT by Titus Quinctius Cincinnatus
In the thick of the debate over President Barack Obama’s health care reform bill, administration officials ignored warnings that one of its most controversial provisions was financially unsustainable and could leave taxpayers on the hook for billions of dollars.
According to a report released Thursday by a working group of congressional investigators, officials inside the Department of Health and Human Services ignored numerous red flags about the Community Living Assistance Services and Supports program (CLASS) — and in some cases the officials went to work figuring out how to hide them.
Now, those same officials are scrambling to come up with the financing of the long-term care insurance program — the brainchild of the late Democratic Sen. Edward Kennedy of Massachusetts — which Republicans on Capitol Hill are trying to repeal.
When the Congressional Budget Office scored the program, analysts said it would account for $70 billion in deficit reduction over ten years. However, that was because those enrolled in the program won’t be able to start receiving benefits until five years into that ten-year period.
(Excerpt) Read more at dailycaller.com ...
and America takes another one in the........
Another massive unfunded liability program that is intended to enslave our children. At this rate, I predict the National Debt will cause total collapse of the U.S. economy is roughly 2020.
Lets face it, some people will never wake up!
There is no scandal when the media either ignores it or covers his butt for it. And the media will ignore this or cover his butt for it.
Clicked your link. Great - GREAT - read. Just wanted to say Thanks for taking the time to post it.
Clicked your link. Great - GREAT - read. Just wanted to say Thanks for taking the time to post it.
Thanks.
Our side can repel the losers from office next November in mass.
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