Your tax dollars at work – Obama Phone tracfone wasted over $2.2 billion – helped line the pockets of major Obama donor Carlos Slim

obama-laughingTracfone was the major provider of those so called ‘Obama Phones’ to the so called poor over the last couple of years. Now it’s revealed that $2.2 billion of your tax dollars has been wasted on those so called Obama Phones to people who were ineligible or did not respond to certification requests. Not everyone is a loser on this though. Tracfone makes an estimated $10 per phone for the ‘poor people.’ Big Obama/Democrat donor Carlos Slim, got to line his pockets with your tax dollars from this $2.2 billion waste. The world’s richest man is Carlos Slim, he has an estimated net worth of $70 billion and just so happens to own a controlling stake in TracFone.

 

Nearly half of the six million people who received free cell phones and communication services through the government-funded Lifeline program last year apparently were ineligible or did not respond to certification requests, a new report shows.The U.S. government spent about $2.2 billion on the program last year alone, reports the Wall Street Journal, which conducted a review of the program’s funding.

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  • Frank Provasek

    No tax dollars are used in this program. It is funded with a pool of money, called the Universal
    Service Fund, which is paid for with revenue donations from
    telecommunications providers. Some of those providers—like Verizon, for instance—pass
    off that cost to their customers with a Universal Service fee, but the
    government doesn’t mandate that the money come from citizens, meaning
    it’s technically not a tax.