Treasury Dept. Approves $3 Billion Transfer to Insurance Companies that Congress Denied
A letter from House Ways and Means Chairman Paul Ryan (R-WI) demands an explanation from the Treasury Department on why it allowed $3 billion in payments to ObamaCare insurance companies that Congress never approved.
In a well-documented piece, Philip Klein gives a disturbing summary of the Obama administration deliberately refusing to follow the law.
“At issue are payments to insurers known as cost-sharing subsidies,” writes Klein. “These payments come about because President Obama’s healthcare law forces insurers to limit out-of-pocket costs for certain low income individuals by capping consumer expenses, such as deductibles and co-payments, in insurance plans. In exchange for capping these charges, insurers are supposed to receive compensation.”
Since even before his 2009 inauguration, Barack Obama has promised his extremist base to "fix" an Internet sector that the rest of America hardly considered broken.
We've said it before, but it bears repeating: Perhaps no innovation in history has transformed human life so rapidly, so profoundly and so beneficially as Internet service. Indeed, it remained one of the few sectors that most Americans considered healthy even amid years of economic malaise.
Despite that, Obama and the activist left persisted in an effort to commandeer Internet service on behalf…
"When Netanyahu walks to the podium of the House of Representatives on March 3, he'll undoubtedly have in mind an earlier speech given by a foreign leader to a joint meeting of Congress. On December 26, 1941, Winston Churchill addressed Congress, though in the smaller Senate Chamber rather than in the House, as so many members were out of town for Christmas break. Churchill enjoyed the great advantage…[more]