END IT, DON’T MEND IT: Beware the Obamacare industrial complex.
The danger of a Republican bailout of Obamacare is mounting with every passing day. A group of “moderate” Republicans calling themselves the Problem Solvers Caucus is quietly negotiating with Democratic leaders Nancy Pelosi and Chuck Schumer to throw a multi-billion dollar life line to the Obamacare insurance exchanges.
This bailout, of course, would be an epic betrayal by a Republican Party which has promised to repeal and replace the financially crumbling Obama health law.
Republicans who are “negotiating” this bipartisan deal, such as Sen. Lamar Alexander of Tennessee, object to the term “bailout” for this rescue package. The left prefers the euphemism “stabilizing the insurance market.” The Washington Post’s left-wing fact checker, who just can’t seem to get his facts straight, says “bailout” is misleading pejorative language. The Post claims this is merely a payment to low income families to help pay for the escalating premiums under Obamacare. These payments were allegedly always part of the law as passed.
The hypocrisy here is towering. These are the same people who told us over and over again that Obamacare was going to “bend the cost curve of health care down.” These are the same people who promised that Obamacare was going to “save” the average family $2,500 a year in lower insurance premiums. (If Obamacare were lowering insurance costs not raising them, there would be no need for these bailout funds in the first place.)
These were also the same people who swore to us that Obamacare wasn’t going to raise the federal deficit by a dime. Oh really. Where is the $10 to $20 billion to pay for this new federal subsidy going to come from? Pixie dust?
Incidentally, is there even one single promise of Obamacare that has been kept after seven years?
So why is everyone suddenly rallying for an Obamacare bailout?
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