WASHINGTON (AP) — They're calling it the zombie in the budget.
It's a long-term care plan the Obama administration has put on hold, fearing it could go bust if actually implemented. Yet while the program exists on paper, monthly premiums the government may never collect count as reducing federal deficits.
Real or not, that's $80 billion over the next 10 years.
The Community Living Assistance Services and Supports program, CLASS for short, may just keep lurching along indefinitely. It would join other peculiar creatures of the federal budget such as "trust funds" that are actually more like IOUs and Medicare cuts that can be counted twice.
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