AARP, the big government advocacy group masquerading as a seniors’ lobby, has sent a letter to House leadership urging them not to repeal the CLASS Act, Obamacare’s long-term care program that even the administration has abandoned as unworkable.
“Rather than repeal CLASS, we urge continued dialogue and development of a viable path forward,” the letter from AARP and other groups reads, according to the Hill.
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Yet after wrestling with it for a year and a half, and conducting numerous actuarial studies, the Department of Health and Human Services concluded last month that there was no path forward for the program, because there was simply no way to attract enough participants to make it self-sustaining, as required by law.
AARP has been a long-time supporter of the CLASS Act. During the health care debate, the group peddled a report suggesting the program would be sustainable. But the study was torn apart by the chief actuary of the Center for Medicare and Medicaid Services, Rick Foster. After reading the study, he emailed (PDF), “Thirty-six years of actuarial experience lead me to believe that this program would collapse in short order and require significant federal subsidies to continue.”
Obama signed it into law anyway.
Subsequent events have proven Foster right, and AARP wrong.
Let’s hope House Speaker John Boehner, R-Ohio, ignores AARP pressure and moves swiftly to repeal this fiscal abomination.
