A surge in government spending in the six months before the ObamaCare exchanges went live pushed federal spending to top government contractors over the $1 billion mark, a new study finds.
According to the report released Thursday by Bloomberg Government analyst Peter Gosselin, federal spending ramped up in the months leading up to Oct. 1, with $352 million of the $1 billion in federal contracts to the top 10 ObamaCare contractors awarded during this time.
“In a typical IT project, spending ramps up to a peak, then trails off during the final phase,” Gosselin wrote.
The price tag usually associated the Affordable Care Act rollout is $394 million, based on a Government Accountability Office report. Gosselin argued that study was too narrowly focused, so he expanded his search of a federal contractor databases to include all awards where the acronym “ACA” or other related words and phrases appeared.
In a moment of weakness I flipped on the TV at some point early this AM and I thought I saw a graphic that said $6 Billion had already been burned on this atrocity....
But what the hay, that's basically a rounding error at this point...
ZitatThe price tag usually associated the Affordable Care Act rollout is $394 million, based on a Government Accountability Office report. Gosselin argued that study was too narrowly focused, so he expanded his search of a federal contractor databases to include all awards where the acronym “ACA” or other related words and phrases appeared.
Right there shows what a bunch of worthless DC bootlickers the GAO is. Any normal private sector business would account for ALL spending on a project to see where it is at. The GAO acts like a mindless drone just looking at what they are told to look at regardless of the truth.