On the recordMay 12, 2016
Thanks to a report by the House Energy and Commerce Committee, we now know that a top CMS official misled Congress during a hearing that was investigating wasted funds on ObamaCare State exchanges. I have the report right here in my hand. When ObamaCare was enacted, the President freely gave taxpayer money to States to establish these State exchanges. Since then, exchanges in Oregon, New Mexico, Hawaii, Nevada, among others, have failed and billions of taxpayer dollars have been squandered. I think I speak for the American taxpayer when I ask: Where is all the leftover money? My legislation, H.R. 4262, addresses this problem by establishing a plan to recoup Federal funds and, most importantly, protect American taxpayers from having to pay back the balance. Clearly, State exchanges are a mess if a CMS administrator cannot speak correctly or accurately on them. Faulty State exchanges are not going away. It is a problem that is only just beginning, and it is going to get worse. I thank the committee for their investigation, and I urge my colleagues to support my legislation, the Transparency and Accountability of Failed Exchanges Act. ____________________
Source
govinfo.gov




