Posted on 09/14/2015 9:25:18 AM PDT by rootin tootin
When Maryland’s Attorney General announced last summer that his office had negotiated a settlement whereby $45 million would be recouped from the IT contractor that botched the state’s Obamacare exchange, it was widely reported as good news for taxpayers. It appeared that their investment in the mismanaged project would not be a dead loss. But the AG’s statement included this curious passage: “The agreement… will lead to the recovery of funds for both Maryland and the federal Centers for Medicare and Medicaid Services [CMS].” What’s so odd about that? Well, the state didn’t contribute any money to the project.
All of the money used to build the failed exchange, as well as its hastily constructed replacement, came from federal start-up grants. Maryland received more than $179 million in such grants. About $73 million was paid to the original contractor, Noridian Healthcare Solutions, and another $41 million was paid to the firm that cleaned up the mess. Yet, according to the Maryland AG’s office, the state is in negotiations with CMS concerning how the $45 million will be divided. But why would Maryland receive any part of the settlement if all the money used to build and repair the exchange came from Washington?
(Excerpt) Read more at spectator.org ...
So the State of Fairyland is just another Solyndra!
So the State of Fairyland is just another Solyndra!
Welcome to the Democrat Party Big Money Making Machine!
The purpose of the Democrat Party is to elect thieves to office so that they have access to the public treasuries so they can loot them.
Very matter-of-fact ... concise, unemotional, accurate, relevant, useful to know, TRUE. (There are other nefarious purposes behind the Democrat Party too, too, but yours as stated is so universally present from local to international venues.)
Needs to be in high school textbooks!
Would you not love it if in our schools we taught the truth? That could be on multiple choice tests for students in history and social studies!
It would make a good tag line too.
Thanks for educating us all.
Maryland “Freak State” PING!
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