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By Matthew Boyle
The Daily Caller
Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a $5 billion grant program that’s doling out cash to companies, states and labor unions in what the Obama administration considers an effort to pay for health insurance for early retirees. The Washington Post Company raked in $573,217 in taxpayer subsidies and CBS Corporation secured $722,388 worth of Americans’ money.

“It is fine with me if they continue covering the ObamaCare debate,” said Rep. Marsha Blackburn, Republican of Tennessee, in an e-mail to The Daily Caller. “When NBC used to cover energy issues, they identified themselves as a subsidiary of General Electric. CBS and Washington Post just have to disclose that they are subsidiaries of the Obama Administration.”

The ERRP, which Republicans call a slush fund, provides taxpayer money to Obama administration-selected states, companies and labor unions with already-in-place early retiree health insurance programs, and aims to make certain that their employees who retire early still have health insurance coverage before they reach Medicare eligibility age. Almost $2 billion of the $5 billion fund, which was supposed to last until 2014, has already been distributed to corporations. New projections expect the funding to run out before the end of 2012, if not sooner.

At a Friday morning hearing, the House Energy and Commerce Committee’s Subcommittee on Oversight and Investigations, chaired by Rep. Cliff Stearns, Florida Republican, asked Center for Consumer Information & Insurance Oversight (CCIO) official Steven Larsen for how the administration decides who gets a slice of the $5 billion pie – and how the application process works. In his response, Stearns referred to the fact that corporations like General Electric, Verizon and AT&T in addition to several labor unions were getting taxpayer funding.

Stearns was not impressed. “This program is providing ‘free’ money to corporations, states, unions, and pension plans,” the Congressman said in an e-mail to TheDC. “In addition, the Washington Post and CBS received funding under this program. How can the Washington Post and CBS be impartial on the issue of health care when they received funding under the health care law?”

CBS Corporation spokesman Gil Schwartz told TheDC that newsroom employees, like any other CBS employees, are indeed allowed to take the taxpayer subsidies.

“Yes they are,” Schwartz said. “Why wouldn’t newsroom employees be allowed access to that money like all other CBS employees?”



Read more: http://dailycaller.com/2011/04/06/washington-post-and-cbs-receiving-mo
ney-from-obamacare-slush-fund/#ixzz1IliKwwlT

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Originally posted by Kwicko:
Okay, so the premise put forth here is that ANY corporation that gets ANY kind of government funding can automatically be discounted as any kind of source for useful info?

Cool. Thanks for confirming that I can never trust a corporation like ExxonMobil or Halliburton. Or General Electric, General Dynamics, Lockheed Martin, Northrup Grumman, Boeing, AMGeneral, etc.

Didn't the Bush administration actually pay reporters to "plant" stories? The name Judith Miller comes to mind for some reason, along with some at several other news outlets. Heck, when Miller was proven to be a liar, she was hired by FauxNews and given a big raise. Go figure...



"Although it is not true that all conservatives are stupid people, it is true that most stupid people are conservatives." - John Stuart Mill

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Originally posted by Hardware:

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Originally posted by Kwicko:
Okay, so the premise put forth here is that ANY corporation that gets ANY kind of government funding can automatically be discounted as any kind of source for useful info?

Cool. Thanks for confirming that I can never trust a corporation like ExxonMobil or Halliburton. Or General Electric, General Dynamics, Lockheed Martin, Northrup Grumman, Boeing, AMGeneral, etc.

Didn't the Bush administration actually pay reporters to "plant" stories? The name Judith Miller comes to mind for some reason, along with some at several other news outlets. Heck, when Miller was proven to be a liar, she was hired by FauxNews and given a big raise. Go figure...



"Although it is not true that all conservatives are stupid people, it is true that most stupid people are conservatives." - John Stuart Mill

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Once more, slowly, for the special ed students we have posting here; just because Johnny did it does not mean you can do it.

And I'd expect those media outlets to reveal they get funding from the fedgov.

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