Uncovered: New $2 Billion Bailout in Obamacare

Politics
April 01, 2011

Uncovered: New $2 Billion Bailout in ObamacareBy Byron York

Investigators for the House Energy and Commerce Committee have discovered that a little-known provision in the national health care law has allowed the federal government to pay nearly $2 billion to unions, state public employee systems, and big corporations to subsidize health coverage costs for early retirees. At the current rate of payment, the $5 billion appropriated for the program could be exhausted well before it is set to expire.

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