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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 hypocrisy here is towering. The Democrats on this bi-partisan commission 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, 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 $20 billion to pay for this new federal subsidy going to come from, year after year? Pixie dust?
originally posted by: queenofswords
The thing that makes me sick...and what Obama is probably laughing about right now....is that he and the rest of the Dem-wits that got this monstrosity passed KNEW that in early 2017 this was going to happen. But Obama would be kite surfing in the Virgin Islands or hiding out in Indonesia writing his book when the hammer came down....perfect timing.
originally posted by: rickymouse
I thought Obamacare would be a start in the right direction when it started. I was wrong. They threw so much garbage into Obamacare that feeds money to the medical and pharma industry and also the psychiatric industry that it got way out of hand. Now these industries have convinced way more people that we need to keep giving them money and take medicines and do tests that we do not need. Colonoscopies are the big money maker now, so are drugs that weaken people like Statins.
originally posted by: SR1TX
The last administration tried to bail out the insurance companies as well and Scouts blocked it.
originally posted by: ConscienceZombie
a reply to: carewemust
That's been confusing me since I first heard of it. Everyone paying for others while not affording their own.
How did we not see this coming....
originally posted by: xuenchen
No choice left.
They have to start taking an extra 12% from all payroll checks.
Somebody has to pay.