Tuesday, December 13, 2011

Tapped Out

In an effort to gain support for Obamneycrap, Congress included funding for early retiree employee heath insurance. Many employers took them up on their offer.

Perhaps too many . . .

The Obama administration announced plans Friday to wind down a $5 billion fund to pay for health insurance for early retirees, including the institution of a Dec. 31 deadline for employers to tap into the remaining funds.

It seems $5 billion doesn't go very far these days.

I must be getting old. I can remember when $5 billion seemed like a lot of money.
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