It’s been pretty obvious for a while that it was going to happen, but the Obama administration has officially pulled the plug on the CLASS program. For those who haven’t been following this closely, the CLASS program was a fraudulent long-term care program in Obamacare.
It could never possibly have worked, but was included in health care nationalization because, the way it was scored, it generated $70 billion in deficit reduction over 10 years. However, although a 10-year horizon can be spoofed, it’s much harder to spoof a 75-year horizon, which is what they had to do in order to bring the program into reality.
BONUS: For further amusement, look through a list of prominent Democrats singing the praise of CLASS. Every one of these people is either dishonest or incapable of basic math.