GAO Rules Obamacare Reinsurance Unlawfully Diverting Billions From Taxpayers
"...[W]e conclude that HHS lacks authority to ignore the statute's directive to deposit amounts from collections under the transitional reinsurance program to the
At question is the Transitional Reinsurance Program established in section 1341 of the Affordable Care Act. A nonpartisan analysis by the
Several lawmakers requested an independent legal opinion, referencing a recent ruling that the administration is illegally spending billions in Cost-Sharing Reduction (CSR) payments as further evidence of the
The Obama administration previously affirmed
"This is about fairness and respect for the rule of law clearly anchored in the
The request was submitted to the GAO by:
Chairman
Chairman
Chairman
Chairman
Chairman
Go to: http://www.gao.gov/assets/690/680115.pdf to read the GAO's opinion.
Read this original document at: http://www.budget.senate.gov/chairman/newsroom/press/gao-rules-obamacare-reinsurance-unlawfully-diverting-billions-from-taxpayers
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