Thursday, April 10, 2014

Koch Brothers get Obamacare money


Koch Industries has received $1.4 million from the federal government under Obamacare’s Early Retiree Reinsurance Program.

The $5 billion reinsurance program gives subsidies to corporations who provide health insurance to their retirees who are not yet eligible for Medicare.

I wasn’t aware of this provision of Obamacare—it seems like a gratuitous handout to corporations, just one of many, the details of power politics can be ugly….


The other ugly thing is the Koch Brothers taking cash  under the auspices of Obamacare, at the same time as they spend their millions to fight Obamacare and derail the federal government.

The Koch Brothers are powerful and malicious, an ugly warp in the fabric of our politics.






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