Wednesday, January 8, 2014

SMOKE & MIRRORS: How student loan profits may be hiding Obamacare's Overall Cost

Cato education scholar Neal McCluskey revealed how a little-reported feature of the Affordable Care Act uses shady accounting to hide its overall cost. 
“The change in student loans was part of Obamacare — and why was it part of Obamacare?” McCluskey said in an exclusive interview with The Daily Caller. “So that the profit they were supposedly making from the student loans could then be plugged into how much money would come from Obamacare, so it didn’t look like it cost as much.”
Read the rest of the story HERE and view McCluskey's comments below:

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1 comment:

BOSMAN said...

NO ONE is covering this on the Air yet. not even Fox News. IF THIS is true as McCluskey says...this is BIG and the DEMS have some explaining to do.

I can't understand why Republicans aren't all over this.