Part of the fallout from the Jonathan Gruber debacle is the revelation that Romneycare is receiving a subsidy of $400 million annually from the federal government. He also revealed that they received the money when they promised to spend it on the poor and indigent.
Unveiled on Fox News’ “Special Report”, the video shows Gruber bragging about how Democratic Senator Ted Kennedy and other “smart people” figured out how to “rip off the feds” in order to make Romneycare work in Massachusetts, to the tune of $400 million a year.
The dirty secret in Massachusetts is the feds pay for our bill. In Massachusetts, we had a powerful senator you may know named Ted Kennedy. Ted Kennedy and smart people in Massachusetts basically have figured out a way to rip off the feds for about $400 million a year.
“Here was Mitt Romney’s dirty little secret that we don’t like to talk about in Massachusetts, which is the way we passed our law is the federal government paid for it.
“George Bush said why am I sending this Democrat $500 million a year, I’m taking it back,” Gruber explained, adding “Mitt Romney to his credit went to George Bush and said, look, can we keep the money if we use it for universal coverage. And Bush to his credit said yes.”
So we now have approximately $400 million per year going to Massachusetts because of the late Edward Kennedy’s influence. But what would happen if that subsidy ended. Well, the whole program would collapse or the premiums would increase substantially.
And this original state program was used by the Obama administration to push Obamacare. In essence, they said that it worked for Massachusetts why can’t it work for the entire country. Little did we know that both programs were based on lies and deceit.