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To: what's up
It's not a bailout of Obamacare. It's a reversal back to how things were BEFORE Obamacare.

I don't know that I necessarily agree. As the Law still contains the provision that the Insurance Industry pool having a cost over run of over 103% is going to be paid back by the HHS in an administrative function of the law itself, we can expect the debacle in pricing this roll back to now be paid for by the tax payer.

As the law already has this provision set up, it won't take an extra appropration, IMHO. HHS will just give the insurance industry billions to pay for the Democrats over promising what they never intended to provide.

This huge cost will then be attached to Republican Upton's bill and we will share the blame.

So if this thing causes a ten percet over-run of the trillion in insurance it a a hundred billion hit to our spending.

34 posted on 11/13/2013 11:25:19 AM PST by KC Burke (Officially since Memorial Day they are the Gimmie-crat Party.h)
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To: KC Burke

I did hear that they have the authority to pay off the Insurance companies, but Congress has to approve the actual funds release. However, that is how it used to work, but the Constitution is just a piece of paper anymore so who knows.


49 posted on 11/13/2013 12:21:40 PM PST by ClayinVA ("Those who don't remember history are doomed to repeat it")
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