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No CLASS: How Congress Saddled Taxpayers with Another Costly Entitlement

The Community Living Assistance Services and Support (CLASS) program is an actuarially unsound and fiscally irresponsible misadventure by Congress. Congress should never have enacted this new government-run long-term care insurance program. It places CLASS participants at risk of benefit cuts and American taxpayers at great risk of being forced to bail out this poorly designed program. Congress should promptly repeal the CLASS program and then make a serious effort to address the problem of financing the long-term care of the nation’s population in the context of an overall reform of federal entitlements. ....

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