Last week you probably heard that Oregon’s Obamacare exchange, which Democrats previously touted as simply the best, is being scrapped and the federal government is going to take it over. What you might not have heard is how much it’s going to cost federal taxpayers, on top of the hundreds of millions it’s already cost.
What’s breathtaking is that not only has the state wasted so much federal money due to utter incompetence but, according to the Oregonian newspaper, the Obama administration will not be asking Oregon to return the money. And it is estimated that it will cost roughly $5 million more to make the transition to the federal exchange. In other words, if the administration gets its way, federal taxpayers are going to have to foot the bill for the entire fiasco.
House Oversight and Government Reform Committee Chairman Rep. Darrell Issa, R-Calif., said in reaction to the news of Cover Oregon’s demise: “Federal taxpayers should not be stuck with the bill twice for this disastrous project. The administration needs to stop treating taxpayers as a bottomless piggy bank to bail out one botched Obamacare project after another. Poor execution by this administration is adding billions to the cost of a program that is already too expensive.” (Read More)
Oregon had already spent $248 million on the exchange, $303 million was allocated. I don’t know if they will return the difference, or if the total includes the $2 million spent on this ridiculous ad.