Griffin Introduces Obamacare Taxpayer Bailout Prevention Act

Press Release

Congressman Tim Griffin (AR-02) issued the following statement after introducing H.R. 3541, the House companion bill to Senator Marco Rubio's S. 1726, the Obamacare Taxpayer Bailout Prevention Act:

"I introduced this bill because Obamacare is not fixable, and bailing out insurance companies to save it from imploding will waste even more taxpayer dollars. The only real solution is full repeal, so that we can pass real, patient-centered health care reform that won't bankrupt companies, increase premiums and take away insurance from millions of families and workers."

Congressman Cory Gardner (CO-04), a member of the House Committee on Energy and Commerce, is an original cosponsor of H.R. 3541.

"Only in Washington are bailouts seen as a good approach to bad policy," said Rep. Gardner. "Obamacare's dangerous fiscal trajectory must be stopped, and soon. I am proud to cosponsor legislation that helps guarantee that taxpayers aren't on the hook as Obamacare continues to unravel."

Senator Marco Rubio (FL) first introduced the Obamacare Taxpayer Bailout Prevention Act (S.1726) in the Senate.

"American taxpayers are sick and tired of losing in Washington's "winners and losers' schemes," said Sen. Rubio. "With Tim Griffin and Cory Gardner leading the charge in the House, I'm confident we can act decisively to protect the American people from having to foot the bill for an Obamacare bailout."

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