GAO: Obamacare Timeline Based on Election

Stephanie

Diamond Member
Jul 11, 2004
70,230
10,864
2,040
snakes in our government..vote out obama and keep calling for repeal
lots of link in article at site


SNIP:
BY: Washington Free Beacon Staff - July 13, 2012 12:56 pm

A recent report from the Government Accountability Office (GAO) has laid bare the Obama administration’s effort to delay the impact of Medicare cuts in the health care law until after the 2012 election.

Under the new law, cuts to Medicare Advantage funding would force many seniors off their preferred health plans. This aspect of the law was originally intended to go into effect before the election in November, but fearing the political backlash, the administration launched an $8.35 billion “demonstration project” that would effectively delay the cuts until after the election.

The GAO report urged the administration to cancel the project, citing its numerous “design shortcomings” and noting that the program fails to “conform to the principles of budget neutrality,” meaning the $8.35 billion is not offset by spending cuts or other revenue, and will have to be borrowed.

The Weekly Standard’s Jeffrey H. Anderson has written extensively about the controversial program here.

all of it here
GAO: Obamacare Timeline Based on Election | Washington Free Beacon
 

Forum List

Back
Top