Notice how everything Obama touches grows financially out of control in no time? Here’s the ObamaPhone disaster:
In 2008, the program was expanded to support cell phones which quickly escalated the cost of the program. In 2008 the program cost $772 million, but by 2011 it cost $1.6 billion.
If we do some simple math, average things out to fill in the gaps, it appears the cellphone program grows about $212 Million per year, pending any “reforms” slated for 2013 (that likely won’t happen):
Year – Cost(Millions)
2008 – $772 Million (Pre-Obama)
2009 – $984 Million
2010 – $1.2 Billion
2011 – $1.6 Billion
2012 – $1.8 Billion
2013 – $2.0 Billion (estimated-it will be higher)
Add it all up, and you come up with a staggering $7.6 Billion dollars, and approximately 40% is pure fraud, and that’s just what they admit to. While the Lifeline program existed prior to Obama taking office, the abuse and vote-buying component is clearly all Obama’s.
By the way, Americans pay an average of $2.50 a month per household to fund a number of subsidized communications programs, including Lifeline.