Rubio Legislation Would Prevent Federal Bailout Money for Obamacare Insurers
U.S. Sen. Marco Rubio and a like-minded coalition of Republican lawmakers are wasting no time in dealing with Obamacare. They have introduced the HHS Slush Fund Elimination Act, a bill they hope will prevent the use of federal funds to rescue companies from Affordable Care Act costs.
Said Rubio, “Repealing and replacing ObamaCare is a top priority in the coming months, but one of the biggest battles we face right now is stopping the Obama Administration from ignoring and using billions in taxpayer dollars to bail out health insurance companies. The American people are paying too much for health insurance already, and they shouldn’t be forced to fork over even more of their paychecks to corporations that embraced a flawed health care law.”
According to the Orlando Political Observer, the bill will be introduced in "a post-election climate," where Republicans will have a clear runway under the Trump administration to pass legislation disarming or repealing the President Obama’s signature legislation.