Where did billions in Obamacare grants go?

black hole cc

The Pentagon has no idea where a significant amount of your tax money money goes. It seems to spin off into some crony black hole. Same it seems for Obamacare, not that this should surprise anyone. Really the Pentagon, Health and Human Services  it’s all of government which doesn’t seem to operate by the normal rules of accounting and with any basic respect for the taxpayer.

Now, though the Feds lose, think about that for a second, LOSE, billions probably every year, you had better have everything straight on your tax filing. Because even though the government doesn’t care enough to follow your money and how it is spent once it is within the system, it sure as shinola cares about whether you pay your “share” into the black hole.

(From The Washington Examiner)

The federal government and the states have no idea what happened to billions of dollars given to create Obamacare’s exchanges, according to a federal watchdog…

…”Rather than require states to report spending on specific products, CMS required states running their own exchanges to report spending on five general categories — IT contracts, IT consultants, IT personnel, IT equipment and IT supplies,” Reason’s report said. “The vast majority of the grant money went to contracts for services like ‘systems integration, project management, and independent validation and verifications.'”

Click here for the article.