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Billions of Tax Dollars Already Spent on Health-Care Law
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FBN's Liz MacDonald crunches the numbers on tax money spent to enact the health-care law.
- Duration 2:06
- Date Jun 27, 2012
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FBN's Liz MacDonald crunches the numbers on tax money spent to enact the health-care law.
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We'll regardless of what tomorrow Supreme Court decision is on the health care law billions in tax dollars has already been spent trying to implement parts of it.
-- -- the -- change -- thrown out altogether will that money be returned to you.
The tax Payer.
At the bottom line that seems like a far fetched.
I did it again you say now you know it sure remember -- talking back clawing back executive compensation for bailouts and all that.
Some really never seem to -- that taxpayer money that's gone out the door already for health reform.
Take a look at what we found that it whether it's been already spends on health for Bernie good to see here eleven billion dollars for -- health centers.
About nearly gave her fifty million dollars -- health insurance exchanges and 34 states sixteen states still a budget and that.
And then five billion dollars for early right retiree health insurance costs.
And three point seven billion dollars on prescription drug costs both also include.
Companies who have -- spend that money -- well so whether or not that money gets clawed back.
Over there not those companies -- to get the money that they spend if this if the Supreme Court overturns is that key question.
For the US government right now because -- -- -- that money for the US taxpayer I mean customer bears will say oh great -- back to congress on the spend it somewhere else yeah I mean honestly can't they are at their budgets but at the same timing -- this is going to be a legal battle.
The if the health care companies or even in -- wanna.
New wage that.
-- you wonder about that -- and then we also talked to health and human services.
And they -- they really are on new ground here they're telling fox this -- it's impossible to tell.
-- get that money back they don't they say quote they don't think anyone knows having get their money back that authority suspend tax.
Pay money and and it's too early to say -- effectively telling fox this -- Is again impossible to answer whether -- -- that taxpayer money that has been spent.
Because it could be folded into another policy decision by HHS saying that this is good for the American people things -- community health centers are preventive care.
They gotta argue yes they would about the company's publicly traded company I spent the money to corporate side and that's that's already been entangled in this mess and since that's right all right -- thank you very much or Donald.
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