Obamacare’s Mysterious Missing Billions

Townhall

Obamacare, depending on who you ask in the GOP, is either a calculated Trojan Horse designed to collapse and release single payer health care upon the American public, a flawed piece of legislation that needs badly to be revised, or the greatest evil inflicted on the American public since slavery. But what if it was something far simpler: namely, free money for Democrats? A recent report by the Government Accountability Office (GAO) to congressional requesters provided to this author suggests that this explanation may, in fact, be the correct one.

Buried in the document’s appendices is a stunning statistic. Out of $5,509,074,183 in grants allocated to state-based exchanges, $1,453,766,433 was spent on actually building the IT infrastructure of Obamacare websites. More suspiciously still, nearly $2.4 billion was authorized for IT spending, and of the over $5.5 billion total, apparently only $3.2 billion was actually spent. However, despite the exchanges being $2.3 billion under budget, only a scant $300 million has been returned to the federal government so far.

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