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Taxpayer Dollars Squandered On Obamacare Exchanges To Date ? … $5 BILLION And Counting

February 7, 2014

YouViewed/Editorial

Billions Wasted On Flawed Obamacare Exchanges

 

alychart

 

 

” The federal taxpayers have spent over $5 billion to build Obamacare’s exchanges. Unfortunately for taxpayers, these investments have not delivered a good return and are ongoing.

  Despite the muddled launch of many exchanges, the federal government is still doling out grant money, giving out over $200 million to nine states last month. Fourteen states and the District of Columbia are running their own Obamacare exchanges and they all received federal grant money to help build them—a total of over $4 billion. California alone received $1 billion to set up its exchange.

  Many state-based exchanges have struggled with similar website problems as the federal healthcare.gov site, and some are still barely operational despite being four months into the open enrollment period.”

 

Heritage.org has more

 

 

 

 

 

 

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