CLASS Act

In yet another classic Obama administration Friday night news dump, the administration abandoned the CLASS Act last week. The progam was a major component of the Obamacare law, intended to address long-term care issues. While long-term care costs are a significant problem, the CLASS Act was a disingenous budget gimmick from the start.

Last week, the Obama administration essentially admitted that the CLASS Act, Obamacare's long-term care program, was actuarially unsustainable and announced they would cease implementing it. The CLASS Act was said to be responsible for more than half of the deficit savings that the health care bill is alleged to produce.

With the Obama administration’s abandonment of its CLASS (Community Living Assistance Services and Supports) Act yesterday, the cost of Obamacare for its real first six years alone (2014 to 2019) just went up $53.6 billion, according to Congressional Budget Office (CBO) estimates.