The Associated Press reports:
Health and Human Services Secretary Kathleen Sebelius told Congress in a letter that she does not see a viable path forward at this time. By law, implementation of the program was contingent on Sebelius certifying it financially sound.
As Andrew Stiles points out, this could be the greatest Friday afternoon news dump from the Obama administration. The Community Living Assistance Services and Support (CLASS) program was hailed by supporters of the president's health care law as a source of health care cost savings, since it would have been paid for by premiums paid by enrolees, not taxpayer dollars.