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Old 04-04-2011, 11:56 AM
whell's Avatar
whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
$2 Billion in Tax subsidies for early retiree health care

"Investigators for the House Energy and Commerce Committee have discovered that a little-known provision in the national health care law has allowed the federal government to pay nearly $2 billion to unions, state public employee systems, and big corporations to subsidize health coverage costs for early retirees. At the current rate of payment, the $5 billion appropriated for the program could be exhausted well before it is set to expire."

http://washingtonexaminer.com/blogs/...lout-obamacare

So, we're giving out huge tax subsidies, including (of course) the UAW, and huge corporations, to offset their employee benefit costs?

Shall I conclude that we'll not be bitching any more on this forum about how the Republicans always give tax breaks to the rich and big business?

In an era when the average Joe is going into dept to cover their health care expenses, how is this logical, or forgivable?
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