CEI Weekly: Special Interests Walk Away With Multi-Million Dollar Obamacare Handouts
CEI Weekly is a compilation of articles and blog posts from CEI’s fellows and associates sent out via e-mail every Friday. Also included in the weekly newsletter is a brief description of CEI’s weekly podcast and a feature on a major CEI breakthrough made during the week. To sign up for CEI Weekly, go to http://cei.org/newsletters.
May 6, 2011
Today, May 6th, is the last day that businesses and unions can apply for the Early Retirement Reinsurance Program (ERRP). ERRP is an Obamacare program intended to help employers cover costs for early retireees. It was supposed to last until 2014, but it stopped taking on new applicants far ahead of schedule. That's probably because groups like the United Auto Workers cashed in early and walked away with millions---in UAW's case, hundreds of millions---of taxpayer dollars. CEI Labor Policy Counsel Vincent Vernuccio last week exposed ERRP waste in a National Review op-ed. This week, Vernuccio revisited the issue in BigGovernment to mark the final week of the expensive, short-lived program.
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