Here Comes the ObamaCare Bailout?

Posted: Jan 13, 2014 2:15 PM

It's not enough that millions of Americans have lost health care insurance they liked and could afford.

Thanks to an ObamaCare reinsurance program, the insurance companies won't be on the hook for catastrophic losses created by ObamaCare -- you and I, the taxpayers, will be.

With 64% of those earning between $50,000 and $75,000 per year reporting that they've had more of their pay withheld for health insurance, they're going to get to subsidize the President's pet program yet again -- through their taxes -- if the Democrats have their way.

Marco Rubio has introduced legislation that would prevent a taxpayer bailout . . . and as he points out today, it looks more likely than ever that otherwise, the taxpayers will end up paying for failures of a law they didn't want anyway.

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