Sink the Obamacare Bailout

Most Americans oppose tax-funded support for insurance companies that lose money under Obamacare.

When Congress reconvenes on Monday, September 8, Republicans should fire a torpedo directly into the USS Obamacare. It would blast the creaking vessel’s hull well below the waterline and possibly flood the engine room. And for this, a recent survey reveals, Americans of all stripes would cheer wildly.

Republicans must sink the Obamacare bailout. Believe it or not, Obamacare forces taxpayers to help health-insurance companies absorb significant losses that they incur through Obama’s medical scheme. According to the House Government Oversight Committee, this could cost $1 billion this year alone. This outrage — lodged on page 233 of the original 2,409-page Obamacare bill — would be awful enough if these insurers were prosperous, albeit unwitting, victims of Obama’s $2.6 trillion entitlement. Instead, insurance companies helped pile-drive Obamacare down the throats of Americans, a majority of whom opposed this legislation and loathe it more today than yesterday. Hard data now demonstrate that Americans hate the Obamacare bailout — all across the political spectrum.

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