Obama Administration Blatantly Disregarding Law to Bail Out Insurers

Following the release of a letter signed by Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Sen. Marco Rubio (R-Fla.) to Obama administration officials that questioned an illegal bailout of health insurance companies through ObamaCare’s reinsurance program, FreedomWorks CEO Adam Brandon commented:

“The Obama administration is blatantly disregarding the law at the expense of taxpayers. Congress has already taken steps through the appropriations process to prevent bailouts through ObamaCare’s risk corridors program. But more steps need to be taken to hold the administration accountable for ignoring the law and to ensure that taxpayers are protected.”

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