Obama filches billions to pay for his dog’s breakfast
The Department of Health and Human Services “circumvented” Congress by illegally diverting billions of dollars from the Treasury to insurance companies in Obamacare’s exchanges.
According to a report from the non-partisan Congressional Research Service, this “would appear to be in conflict with a plain reading of” the law, which states that money collected in excess of a certain amount each year must be handed over to the Treasury.
The House Ways and Means Committee is investigating. The House had an initial success last month in its lawsuit challenging $150 billion in unappropriated insurer subsidies.