The Community Living Assistance Services and Supports program, CLASS
They're calling it the zombie in the budget.
..It's a long-term care plan the Obama administration has put on hold, fearing it could go bust if actually implemented. Yet while the program exists on paper, monthly premiums the government may never collect count as reducing federal deficits.
Real or not, that's $80 billion over the next 10 years.
The Community Living Assistance Services and Supports program, CLASS for short, may just keep lurching along indefinitely. It would join other peculiar creatures of the federal budget such as "trust funds" that are actually more like IOUs and Medicare cuts that can be counted twice."It's a gimmick that produces phantom savings," said Robert Bixby, executive director of the Concord Coalition, a nonpartisan group that advocates deficit control..
"That money should have never been counted as deficit reduction because it was supposed to be set aside to pay for benefits," Bixby added. "The fact that they're not actually doing anything with the program sort of compounds the gimmick."
The program was created under President Barack Obama's health care overhaul, and arguably provided much of the 10-year, $143 billion in savings claimed under the law. But now some Capitol Hill aides have dubbed CLASS a "budget zombie."
This is why I have no confidence in Afordable HC Reform Act.
the CBO can ony score what's given, we really have NO IDEA of what Obamacare is going to cost, or what is going to be covered.
How are the Supercommitte even gonna be able to agree on simple baseline numbers with zombie programs??
We're not serious about controling the escalation of the national debt.
It's politicized like everything else .