10.31.2011 0

Fund intended to help early retirees raided by Big Labor

The Halloween horror story of ObamaCare continues to unfold as Senator Mike Enzi announced that a Government Accountability Office (GAO) report showed that a program designed to help early retirees has effectively been looted by 24 organizations. The Health and Human Services (HHS) program has paid out $2.9 billion with a majority going to government entities and union health plans.

It is obscene that these Obama-favored institutions look at this and other programs like a trick-or-treater views an unattended candy bowl. Not surprisingly, the United Auto Workers Medical Benefits Trust received the largest amount of taxpayer largesse.

It is time for Obama to end these payoffs to politically connected constituencies and return the remaining funds for the program to the U.S. Treasury. Taxpayers are tired of the gluttony of Obama’s union friends.

Bill Wilson is President of Americans for Limited Government. You can follow Bill on Twitter at @BillWilsonALG.

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