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MSM Liberal Bias Paying Off: WaPo, CBS Receiving Money From ObamaCare Slush Fund…

But don’t worry, their coverage of ObamaCare is totally impartial.

(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.

Keep reading…

Posted by ZIP on Wednesday, April 6, 2011, at 9:54 am | Like Tweet

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7 comments
  1. 86 says:
    April 6, 2011 at 9:55 am

    Is propaganda news now considered to be part of our nationalized health care?

  2. Van Grungy says:
    April 6, 2011 at 10:14 am

    nationalized wealth share…

  3. Proud Infidel says:
    April 6, 2011 at 10:22 am

    This disgrace of an administration treats all taxpayer money like a slush fund.

  4. ThomNJ says:
    April 6, 2011 at 10:23 am

    This is the kind of stuff that really sends me into orbit. HOW can anyone justify giving tax money to ANY corporation as a subsidy? (And I have little regard for the people who take them as well). What is the role of the company? TO MAKE MONEY FOR THEIR SHAREHOLDERS! It is a BUSINESS, folks. If they can’t make it then they don’t need to exist. I want the subsidies to ALL to go away. Every. Last. One.

  5. rbosque says:
    April 6, 2011 at 1:19 pm

    No shock. CBS’ ratings keep going lower because people are waking up to their stupidity.

  6. mickeywhite says:
    April 6, 2011 at 7:39 pm

    But 400 BILLION to 1 TRILLION on unconstitutional health care is ok?

    Prescription Drug Benefit.
    The final version (conference report) of H.R. 1 would create a prescription drug benefit for Medicare recipients. Beginning in 2006, prescription coverage would be available to seniors through private insurers for a monthly premium estimated at $35. There would be a $250 annual deductible, then 75 percent of drug costs up to $2,250 would be reimbursed. Drug costs greater than $2,250 would not be covered until out-of pocket expenses exceeded $3,600, after which 95 percent of drug costs would be reimbursed. Low-income recipients would receive more subsidies than other seniors by paying lower premiums, having smaller deductibles, and making lower co-payments for each prescription. The total cost of the new prescription drug benefit would be limited to the $400 billion that Congress had budgeted earlier this year for the first 10 years of this new entitlement program. The House adopted the conference report on H.R. 1 on November 22, 2003 by a vote of 220 to 215 (Roll Call 669).
    Marsha Blackburn Voted FOR this bill.
    Marsha Blackburn is a Hypocrite.
    Marsha Blackburn is my Congressman
    See her unconstitutional votes at :
    http://mickeywhite.blogspot.com/2009/09/tn-congressman-marsha-blackburn-votes.html
    Mickey

  7. Lurvleymomma says:
    April 6, 2011 at 9:13 pm

    And yet, they continue to sink slowly in the West.

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