The Save Our Country (SOC) coalition, a product of FreedomWorks Foundation, today announces the publication of its new report, Eight Reasons to Oppose the Pelosi Blue State Bailout, which outlines the reasons why a blue state bailout in a Phase IV COVID-19 relief package would be improper and unwise.
The coronavirus -- and the economic lockdowns that have been imposed on the country as a result -- has left very few unharmed in its wake. Despite an encouraging recent jobs report, millions remain out of work and require financial assistance from the government. As a result, Congress has spent trillions of dollars trying to assuage this situation.
WASHINGTON, D.C. -- Following reports that congressional leadership is pushing to include language in the third phase of coronavirus legislation to artificially fix prices in an effort to address medical “surprise billing,” Jason Pye, FreedomWorks’ Vice President of Legislative Affairs, commented:
FreedomWorks Vice President of Legislative Affairs Jason Pye made the following statement about the capitulation to Democrats by Sen. Lamar Alexander (R-Tenn.):
FreedomWorks today blasted the Obama administration for its plan to bail out health insurance plans that have lost money participating in ObamaCare. The plan, which was described in the Washington Post Thursday, circumvents the congressional prohibition on taxpayer dollars being used for ObamaCare’s risk corridors program.
Later this week or next, Congress will take up legislation to rescue the commonwealth of Puerto Rico from its financial crisis that is getting worse by the day.
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:
Following the release of the omnibus appropriations bill, which targets ObamaCare by prohibiting the use of taxpayer funds to bail out health insurance companies that participate on the exchanges, FreedomWorks Legislative Affairs Manager Josh Withrow commented:
ObamaCare’s risk corridor program faces a $2.5 billion shortfall, according to the Centers for Medicare and Medicaid Services, due to insurance companies paying out a greater number of claims than anticipated. As Congress approaches the deadline to pass an omnibus bill to fund the federal government, FreedomWorks strongly urges Congress to include language to prevent the Obama administration from using any taxpayer dollars to bailout insurance companies that participate in the ObamaCare exchanges.