Thursday, October 2, 2014

GAO Audit: Obama Admin Spent $3.7 Bil. to Build, But Can't Prove Where All the Money Went

This is from Sarah Ferris at The Hill:
The Obama administration has spent at least $3.7 billion to build and promote online marketplaces under the Affordable Care Act, but it can’t prove exactly where it all went, according to an audit released Monday.

Federal investigators said the Centers for Medicare and Medicaid Services (CMS) does not properly track certain data that public officials need in order to determine whether the healthcare law is working. ...

Out of that data, “we were not able to determine the reliability of most of the information,” according to the report by the independent Government Accountability Office (GAO).

“CMS's processes are inconsistent with certain federal accounting and internal control standards,” the report states. To improve the system, the GAO recommends that CMS staff create new procedures to provide more timely and reliable information to the public. “Particularly for programs subject to a significant degree of public and congressional scrutiny,” the GAO reports. ...