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GOP Senate Finance: At least $5.7B wasted on ObamaCare so far
The Hill ^ | March 19, 2015 | By Sarah Ferris

Posted on 03/20/2015 12:24:56 AM PDT by Jim Robinson

Republicans on the Senate Finance Committee say they have found at least $5.7 billion in wasted ObamaCare spending from the last five years.

Panel Chairman Orrin Hatch (R-Utah) said his staff have tallied the costs of five programs that have failed or "added no value," from the dysfunctional HealthCare.gov website to the national sign-up navigator program.

"That is $5.7 billion down the drain," Hatch said during a hearing Thursday to mark the fifth anniversary of ObamaCare's passage. The federal government's HealthCare.gov, which broke down in the fall of 2013, has been one of the most criticized components of ObamaCare's rollout. Some estimates have put the cost of the botched launch and the series of tweaks to fix the website at $2 billion, a figure that Hatch's staff cited Thursday.

The analysis includes $1.3 billion spent on now-defunct state exchanges: Minnesota, Massachusetts, Oregon and Maryland. These systems, all in blue states, were plagued by technical issues and eventually scrapped or majorly reformed. Republicans have frequently pushed federal health officials to recoup the costs of the exchanges.

Hatch also pointed to a $2.4 billion co-op program, which included 24 plans but saw little success with sign-ups. Hatch estimated that $1 billion in funds will not be recouped from the programs.

(Excerpt) Read more at thehill.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: fraud; incompetence; obamacare; waste

1 posted on 03/20/2015 12:24:56 AM PDT by Jim Robinson
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To: Jim Robinson

The good thing is is that a billion is only a thousand million ... oh, wait...


2 posted on 03/20/2015 12:34:01 AM PDT by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: Jim Robinson

Most of the federal expenditures is waste.. maybe 80%..


3 posted on 03/20/2015 12:52:44 AM PDT by hosepipe (" This propaganda has been edited (specifically) to include some fully orbed hyperbole.. ")
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To: 2ndDivisionVet

The good thing is is that a billion is only a thousand million ... oh, wait...


A Trillion is a Million Million..


4 posted on 03/20/2015 12:54:14 AM PDT by hosepipe (" This propaganda has been edited (specifically) to include some fully orbed hyperbole.. ")
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To: hosepipe

Or a thousand billion.


5 posted on 03/20/2015 12:57:15 AM PDT by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: 2ndDivisionVet

They should get out of there fetal position change the rules of the senate and defund it (cowards)


6 posted on 03/20/2015 2:23:40 AM PDT by personalaccts (Is George W going to protect the border?)
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To: Jim Robinson
So traitor Sen Hatch funded this beast in Dec and no complains about it ?

This senile old con artist needs to retire .

7 posted on 03/20/2015 4:06:15 AM PDT by ncalburt ( Amnesty-media out in full force)
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To: Jim Robinson
From the article:Sorry, but I seriously question Mr. Blumenthal's nonpartisanship.
8 posted on 03/20/2015 4:31:23 AM PDT by upchuck (The current Federal Governent is what the Founding Fathers tried to prevent. WAKE UP!! Amendment V.)
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To: ncalburt

So traitor Sen Hatch funded this beast in Dec and no complains about it ?.. This senile old con artist needs to retire .


Course Some OR ALL may have been paid a visit by Obama’s CIA, NSA, FBI, IRS, or Military Security Agencies AND....

HAD THE CONSERVATIVE SCARED OUT OF THEM..

like; YOU HAVE NICE LITTLE FAMILY THERE.. BE A SHAME IF ANYTHING HAPPENED TO THEM..


9 posted on 03/20/2015 9:14:47 AM PDT by hosepipe (" This propaganda has been edited (specifically) to include some fully orbed hyperbole.. ")
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