Like I said obummer is taking monies not appropriated to bail out the insurance comps illegally, it is being reported today. So alot of good Rubios restriction is doing now.
So again 2 senators running for prez are just letting obummer get away with his criminality again!
But I guess I’ll just wait forever to hear what Rubio has to say about this!
Obama WANTED to take money not appropriated by the original law & despite the law. He/HHS were PREVENTED from doing so by language Rubio had added to the budget bills for 2015 & 2016. HHS could ONLY use the risk corridor fund set up with money obtained from taxes on insurers who were making money ... not many were, thus the fund had not enough in it to reimburse the insurance companies for all their losses. Since no other government funds could be raided, the insurance companies requesting bailout money only got 12.6%.
Yes, the original law had bailout money in it - that is being paid out of the risk corridor fund, but Obama was going to pay a lot more in bailouts than the original law allowed and this is what was stopped by Congress.