GAO: Feds Spent $3.7 Billion On Obamacare But Aren’t Sure Where It Went
The Obama administration hasn’t kept track of the $3.7 billion it spent last year on Obamacare and other federal health programs’ implementation, according to a federal audit.
The Centers for Medicare and Medicaid Services, the agency charged with implementing the health-care law, spent a boatload of money on building and advertising Obamacare exchanges, but it doesn’t have data to show what money it spent on what efforts — or what parts of it were effective.
“CMS’s processes are inconsistent with certain federal accounting and internal control standards,” the General Accountability Office concluded in an audit released Monday evening.
CMS spent a whopping $3.7 billion in fiscal year 2014; as of September 2013, it had 347 staff members whose total salary costs were $79.8 million between March 2010 through 2013, the audit found. Beyond that, not much was clear.
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