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Thursday, February 26, 2015

Treasury won't explain decision to make $3 billion in Obamacare payments

The U.S. Treasury Department has rebuffed a request by House Ways and Means Chairman Rep. Paul Ryan, R- Wis., to explain $3 billion in payments that were made to health insurers even though Congress never authorized the spending through annual appropriations. At issue are payments to insurers known as cost-sharing subsidies.

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