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.”
In the last days of Obamacare’s formulation, the projections had student loans folded into them to make them not seem so expensive.
Read more: http://dailycaller.com/2014/01/05/f...make-obamacare-look-good-video/#ixzz2paRmWuSt
“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.”
In the last days of Obamacare’s formulation, the projections had student loans folded into them to make them not seem so expensive.
Read more: http://dailycaller.com/2014/01/05/f...make-obamacare-look-good-video/#ixzz2paRmWuSt
