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April 5, 2011 / J. Shaw

LIST of Who YOU PAID MILLIONS for Early Retire Programs-Unions, ATT

Facing questions from both parties in the Congress, the Obama Administration has now revealed how it has spent over $1.7 billion on part of the Obama health law, known as the Early Retiree Reinsurance Program.

This plan is intended to help companies pay the cost of health care for their early retirees, but lawmakers say it is wrongly benefiting companies like AT&T and General Electric, who have billions in profits on their bottom lines.

Here is the list of unions, companies, state and local governments and other business entities who received money under the Obama health law for their early retiree health programs:

United Auto Workers Retiree Medical Benefits Trust

206,798,086

AT&T, Inc.

140,022,949

Verizon Communications Inc.

91,702,538

Public Employees Retirement System of Ohio

70,557,764

Teacher Retirement System of Texas

68,074,118

http://libertypundits.net/

Thanks to Liberty Pundits Melissa Clouthier

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