
Marco Rubio: At Least Spending Bill Doesn't Bail Out Obamacare
On Wednesday, U.S. Sen. Marco Rubio, R-Fla., issued his take on the omnibus federal spending bill currently in Congress. Rubio insisted the bill was flawed but praised it for not providing bailouts to insurance companies in the wake of President Barack Obamas federal health-care law.
For over a year, Ive fought to protect Americans from having to fund massive bailouts to protect the profits of the insurance companies that helped write Obamacare, Rubio said on Wednesday. While there is much in this massive spending measure that is simply bad for America, at least the provisions protecting against a taxpayer-funded bailout of insurance companies are a step in the right direction. While the Obama administration can still administer the risk-corridor program, for one year at least, they wont be able to use taxpayer funds to bail out insurance companies. When Congress returns next year, I will fight to permanently repeal the risk-corridor provisions to protect taxpayers after the current legislation expires.
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