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Taxpayer Pork for the Unions?

An editorial in the weekend Investor’s Business Daily (IBD) explains how “you funnel billions of dollars to your union pals at a time when the government is running record deficits. Easy, you just tuck the money into ObamaCare.” IBD writes:

“According to a new Government Accountability Office report (requires Adobe), the federal government has so far handed out $2.7 billion out of a $5 billion program squirreled away in ObamaCare. (link to report added)

“The Early Retiree Reinsurance Program is advertized as a way to "stabilize the availability of employer-sponsored coverage for early retirees," according to a Health and Human Services memo.

[ . . . ]

“But lift the hood a little and this program looks more like a slush fund for Friends of Democrats.

“Almost as soon as the program was announced, thousands of well-connected unions and government agencies rushed in to apply for the free money. As a result, the agency running the program had to stop accepting applications in May or risk running out of funds.”

The following chart from the IBD editorial lists top recipients getting corporate or union welfare from American taxpayers:


IBD concludes the editorial with these three paragraphs:

"So this ObamaCare money is really being used mainly to pay off unions and governments that would have provided these benefits anyway.

“Even if the government weren't running record deficits and drowning in debt, wasting billions of dollars like this would be unacceptable. But with the country on the fiscal edge, it's an outrage. Is anyone on the debt-reduction "supercommittee" paying attention?”

"Even if the government weren't running record deficits and drowning in debt, wasting billions of dollars like this would be unacceptable. But with the country on the fiscal edge, it's an outrage. Is anyone on the debt-reduction "supercommittee" paying attention?"

The American Thinker's Rick Moran, paraphrasing former Speaker of the House Nancy Pelosi, completes his blog post saying, "The more we discover what's in this bill, the more there is to dislike."

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