The unholy alliance between AARP and the Democrats on ObamaCare has not been lost on the new Republican majority in the House. Two members of the Ways and Means Committee, Rep. Wally Herger (R-CA) and Rep. Charles Boustany (R-LA) have announced a hearing to be held this Friday.
Why investigate AARP?
As Rep. Boustany phrased it, “In light of AARP’s dependence on its income from insurance products, there is good reason to question whether AARP is primarily looking out for seniors or just its own bottom line.”
There is indeed. Only about 20% of its $1.3 billion in annual revenue comes from membership dues. AARP makes most of its money from insurance policies sold to its members. Read the rest of the article here.
It appears that the GOP has now called for an IRS investigation of AARP, and questioned whether it should retain its tax exempt status. The obvious answer is NO. AARP is a for-profit insurance company disguised as an advocacy group.