Posts Tagged ‘$105 billion slush fund’

March 15, 2011

Health Care News

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Heritage Distinguished Fellow and former Congressman Ernest Istook (R–OK) recently unveiled Obamacare’s “dirty little secret”: $105 billion of advance appropriations which make it difficult for current and future Congresses to control spending on the unpopular new law. The House Energy and Commerce Subcommittee on Health delved further into the problems with this “phantom funding” at a hearing last week.

Within its 2,700 pages, Obamacare has been given billions of dollars in advance appropriations—$6 billion was immediately appropriated, while over $105 billion was appropriated for the years following. In this way, the 111th Congress made spending decisions for years in advance, making a clear “attempt to handcuff the current Congress and prevent it from determining current levels of spending,” Congressman Istook told members of the committee. (Read the rest at The Foundry…)

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March 15, 2011

Health Care News

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Today former Congressman Ernest Istook testified before the House Energy and Commerce Health Subcommittee about the $105 billion slush fund in advance appropriations liberals tucked inside Obamacare. The $105 billion bypasses the traditional yearly budgeting process and is spread throughout the 2,700 page legislation. It took the Congressional Research Service (CRS) seven months to identify all the disparate funds and it was not until February (11 months after the bill passed) that all of the funds could be totaled up.

Rep. Michele Bachmann (R-MN) has been beating the drum to raise awareness of this unprecedented level of advance spending. But the liberal media has been attacking her for calling it “hidden” funding.  (Read the rest at The Foundry…)

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