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.”
Take our 12-Question Christmas Quiz and test your knowledge of Christmas-related Americana.
(Answer key may be found at the bottom)
1. General George Washington crossed the Delaware River on which one of the following nights in 1776 to surprise (and defeat) the Hessian garrison at Trenton, NJ?
a. Christmas Eve
b. Christmas Day
c. New Year’s Eve
d. New Year’s Day
2. Who was the first U.S. President to spend Christmas in the White House?
a. George Washington
b. John Adams
"The IRS's inspector general confirmed Thursday it is conducting a criminal investigation into how Lois G. Lerner's emails disappeared, saying it took only two weeks for investigators to find hundreds of tapes the agency's chief had told Congress were irretrievably destroyed. Investigators have already scoured 744 backup tapes and gleaned 32,774 unique emails, but just two weeks ago they found an…[more]