Michael Cannon, director of healthy policy studies at the Cato Institute, says the Independent Payment Advisory Board (IPAB) is a panel of 15 unelected government officials with the power to change Medicare policy, raise taxes, impose conditions on federal funds to states, and even appropriate money without congressional authorization.
"Once this board issues one of its proposals, ObamaCare requires the secretary of Health and Human Services to enact that proposal, unless Congress either strikes it down or offers a substitute," Cannon detailed in a recent podcast.
Striking down a proposal would require a three-fifths vote of the Senate.
"In essence, what ObamaCare gives to this unelected board of government officials is the power to write laws," the expert summarizes...
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