For some time, President Donald Trump is attempting to remove and replace Obamacare.
Finally, he found some information that can help him in his mission.
He discovered that a huge amount of money was secretly directed where it shouldn’t.
President Trump is facing some opposition from both sides, which makes things harder. Both John McCain and Rand Paul voted against his mission. This forced Trump to giveaway some executive orders just to find some information in order to dismiss Obamacare.
During the investigation, it was revealed that 90 billion dollars were stolen from taxpayers and directed to the healthcare.
Since he was elected, Trump created a program in order to help the people in the insurance market, and gave an executive order “to allow for groups to purchase insurance across state lines and stopped federal funding for Obamacare subsidies,” according to The Daily Caller. However, he hasn’t received any support from Congress and there is a huge source that is funding Obamacare.
Allen B. West reported that Fannie Mae and Freddie Mac secretly funneled money at the expense of the regular American citizens.
As reported: “Having required massive bailouts in 2008, the two corporations were placed under control of the U.S. Treasury. Initially, the two organizations agreed to pay the Treasury a dividend each year equivalent to 10 percent of the bailout funds they took, and the Treasury was also issued warrants granting them the equivalent of a 79.9 percent equity stake in the two companies.”
Even though the taxpayers bailed out Fannie and Freddie with the amount of $187.5 billion, the Federal government received $275,8 billion back or almost $90 billion in excess of that figure.
Even Treasury Secretary Steve Mnuchin confessed that the funds were funneled to Obamacare.
This could harm the taxpayers at the wrongest time possible. Many people tried to persuade Trump to sign an executive order to the treasury and terminate the risk to the taxpayers. The order would advise selling the $100 billion in stakes in Freddie and Fannie.
Just imagine where this kind of money could be donated. Imagine how much the military could benefit from it or the infrastructure could be rebuilt.
No matter how much the liberals go against Trump, this is another proof that he is making the right decision to repeal and replace Obamacare.