Sen. Rand Paul: Senate Health Care ‘Bailout’ for Insurance Corps

Sen. Rand Paul pulled out the knives this week in hopes of exposing the current Senate healthcare bill as a sham.

In an exclusive column for Breitbart, Paul called the bill a ‘bailout for insurance companies’.

He also warned that the current bill — far from repealing Obamacare — actually leaves the regulations in place, along with hundreds of billions in taxes.

He sums it up as a proposal to lower insurance premiums by paying off the biggest insurance companies, all at taxpayer expense.

In essence, it robs Peter to pay Paul.

So much for the conservative agenda under a totally Republican government.

Here’s more from Breitbart…

I miss the old days, when Republicans stood for repealing Obamacare. Republicans across the country and every member of my caucus campaigned on repeal – often declaring they would tear out Obamacare “root and branch!”

What happened?

Now too many Republicans are falling all over themselves to stuff hundreds of billions of taxpayers’ dollars into a bill that doesn’t repeal Obamacare and feeds Big Insurance a huge bailout.

Obamacare regulations? Still here. Taxes? Many still in place, totaling hundreds of billions of dollars.

Insurance company bailouts? Those, too. Remember when Republicans complained about Obamacare’s risk corridors? Remember when we called the corridors nothing more than insurance company bailouts? I remember when one prominent GOP candidate during a presidential debate explicitly called out the Obamacare risk corridors as a bailout to insurance companies. Does anyone else?

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