Thursday, April 10, 2014

The richest of the rich not above applying for their subsidies.

Koch Brothers Received Millions In Obamacare Subsidies (Click here to read more)

Charles and David Koch may have spent millions of dollars opposing President Obama’s Affordable Care Act, but that didn’t stop them from benefiting from the law. The Associated Press reported on Tuesday that Koch Industries received $1.4 million in subsidies from a $5 billion program established by the Affordable Care Act to help employers and states maintain coverage for individuals 55 and older who are not yet eligible for Medicare.
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ThinkProgress first noticed that Koch applied for the program in August of 2010, along with other critics of the law, including state-run programs in Texas and more than a dozen members of the board of directors of the U.S. Chamber of Commerce, which has spent millions to support Republican causes.

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