MADE IN DC: Attention Seniors: Government Healthcare Takeover Promised “More Than it Can Deliver”
September 15, 2011
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Attention Seniors: Government Healthcare Takeover Promised “More Than it Can Deliver”
Experts’ Warnings Become Reality As Another Underfunded Democrat Benefit Program Prepares to Go “Belly Up”
DC DEMOCRATS STILL DON’T GET IT: The Community Living Assistance Services and Supports program, or CLASS, was deemed ‘fiscally unsound’ due to the exorbitant cost required for it to run properly, which was brought to the Obama administration’s attention prior to its debut on the House floor:
“Publicly, the [Obama] administration maintained it would all work out. A December 2009 presentation for senior officials stressed the end result would be a financially robust program.
“In private, administration insiders were still spelling out concerns. In January 2010, amid the final drive to pass the health care law through a divided Congress, officials circulated a 10-page list of “technical corrections.” One item questioned whether the law gave HHS sufficient authority to redesign the program to keep it afloat, and recommended a “failsafe” clause spelling that out. “Republicans say none of those changes were ever made.” (Ricardo Alonso-Zaldivar, “Long-term care plan alarms ignored,” AP, 9/14/2011)MADE IN WASHINGTON, DC: But in a rush to pass ObamaCare, Obama and Congressional Democrats chose to ignore blatant funding gaps in the legislation’s text and now have to tell American workers who paid into the system that they very well may have to feed more tax dollars into the program just so it doesn’t go “belly up”:
“That central design flaw has dogged CLASS from the drawing board, and it may turn out to be insurmountable without making the program mandatory for most workers. CLASS remains vulnerable to repeal.”
“[T]he program is on a collision course with powerful demographic and economic forces. How to pay the exorbitant cost of long-term care remains a major unmet need for an aging society. On the other hand, many economic experts believe the government has already promised seniors more than it can deliver, and now is not the time to launch another program likely to need a taxpayer bailout or new mandates.” (Ricardo Alonso-Zaldivar, “Long-term care plan alarms ignored,” AP, 9/14/2011)
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