Dont say I didn’t tell you so (several times).
This result was obvious from the start. Why? Because it all happened before. I knew because I participated in the HMO debacle. Who else should have known … the bureaucrats who put it all together, that’s who‼️ Gee, I wonder what Old Bernie would do with a billion dollars? While he worries about tax loopholes for billionaires, government throws money down the toilet time after time.
Leaders of some health cooperatives set up under the Affordable Care Act said it would be hard for the Obama administration to recoup more than $1 billion in federal loans made to some of the organizations that are now defunct, because most of the money has been spent.
A group representing existing co-ops, as well as leaders of some of the organizations, said there is little of the federal loan money remaining and some of what is left is needed to pay providers whose bills have yet to be paid. Obama administration officials have said they plan to use every available tool to recoup the federal loans, including legal action.
Wall Street Journal 2-25-16