"Gov. Bevin has already documented we spent $58,341,000 in federal funds on our ObamaCare exchange last year when we weren't supposed to have any according to the law and in excess of the $19,916,000 we supposedly had left over from Obama's $253 million in establishment grants, so if they now want back all the establishment grants for the failed exchange which no one else has had to return and the law doesn't require returning plus $38,398,000 the law specifically prohibits the feds from sending to us, the response they deserve is to drop dead," Kentucky Progress publisher David Adams said.
Friday, January 22, 2016
New York Times' Kentucky accounting failure
Sunday, January 17, 2016
KY Health Cooperative customers with unpaid claims were screwed long ago
The Cooperative reported $176.2 million in losses in 2014 alone, before losing even more money in 2015. It was created and maintained with $123.8 million in federal loans. That means unless they bought a bunch of office furniture which is now somehow worth more than $50 million more than they paid for it, any remaining unpaid claims cannot possibly be paid by "selling assets."
"If Kentucky officials had listened to me last summer, they could have ended the Cooperative charade before any more innocent Kentuckians were harmed by this ObamaCare nonsense," Kentucky Progress publisher David Adams said. "Buying ObamaCare insurance remains a crapshoot and is not worth the risk."
Friday, January 15, 2016
Failing to cut Kynect ten year cost: $250 million
"Obamacrats -- or whatever they are calling themselves these days -- continue to depend on the media not telling you both sides of the story and this is a perfect example of the disconnect between their government takeover fantasies and the people they need to fool," Kentucky Progress publisher David Adams said. "If we take their numbers at face value, it looks like we save four million the first year and about a quarter billion in the first decade without Kynect."
Tuesday, January 12, 2016
Top Democrat blames bad economy on Rand Paul
"Republicans have been trying to undermine the Federal Reserve mandate to strive for full employment," Reid said today after leading the effort to defeat Sen. Paul's bill which would have brought needed oversight to Fed activities.
The Federal Reserve operates under two main congressional mandates, maximizing employment and maintaining stable prices. It is not particularly good at either, but the idea that monetary policy can or even should be charged with creating jobs is absurd.
"Big Government types in Washington D.C. melt when you throw water on them and Rand Paul soaks them every time they cackle," Kentucky Progress publisher David Adams said.
Moore: Guns, more safety
The same people who are losing their minds over ObamaCare melting down will lose their minds over this. Good.
"Gun free zones are not consistent with the need to protect our children in the real world because every loose nut knows when they see that sign they will meet next to no resistance," Kentucky Progress publisher David Adams said. "Our schools and government buildings are infested enough with leftist ideology but now Kentuckians are ready to start pushing back hard."
Monday, January 11, 2016
Bevin: Kentucky ObamaCare exchange busted 2015 budget by 78 percent
Despite his illegal creation of the exchange and the legislature explicitly forbidding him from spending state funds on the Kentucky Health Benefit Exchange and refusing his attempt to create a tax to fund it, Beshear said he would run the exchange on less than $33,937,400. According to information compiled by Bevin, Beshear spent $60,524,000, which is 78 percent above the budgeted amount.
This same report also showed Beshear's falsely claimed budget surplus was actually a deficit of $603 million.
"This is another Obama fraud which shouldn't have been possible," Kentucky Progress publisher David Adams said. "Federal funds for state-run exchanges dried up in 2014 and were not legally permitted past then under the ACA. Gov. Bevin can end this charade by shutting down the Kentucky exchange without further delay."
Bevin is currently a defendant in a Court of Appeals case, 13-CA-1590, which would force the exchange to be disbanded.
Let's get Kentucky out of Common Core
Kentucky's General Assembly should move quickly to start dismantling the Common Core scheme here without further delay.
"One of the big lies out of Frankfort is that Senate Bill 1 of 2009 mandated acceptance of Common Core, but if you read the bill you know that isn't true," Kentucky Progress publisher David Adams said. "We need to put this embarrassing chapter behind us now, before it gets any worse."
Friday, January 01, 2016
Frankfort Obamacrats start 2016 off predictably
And, of course, since it's a holiday the advice to call customer service is no good either.
"Kentucky's disastrous dalliance with ObamaCare can't end soon enough," Kentucky Progress publisher David Adams said. "The only voices they have left are Steve Beshear on his Twitter page and Greg Stumbo barking about elephants in Bethlehem. Let's put them out of our misery soon, please."