In the final hours of the looming deadline, President Obama and House Republicans agreed to a $38 Billion cut from spending levels set earlier this year, however some have argued that this figure is built on smoke and mirrors. All in all, the deal will reduce spending more than originally thought. One other benefit, which has not widely been reported, is that the budget deal requires the General Accounting Office (GAO) to conduct an audit of the waivers from PPACA (the health care reform bill).
These waivers are being issued by President Obama’s Health and Human Services Secretary Kathleen Sebelius in great numbers to corporations like McDonald’s and many labor unions. A question on many people’s minds is if the Health Care Reform law is a good thing, then why are there waivers for it? Plus, why are groups that were so supportive of the passage of such a law (i.e. labor unions) clamoring for these waivers? Shouldn’t they be excited to be a part of a law that they fought so hard for (while they dismissed the public’s majority opinion against such a measure)? Something truly stinks here, and hopefully this GAO audit will uncover it!