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Rep. Gosar Co-sponsors Bill to Prevent ObamaCare Bailouts

Press Release

Date: Jan. 8, 2014
Location: Washington, DC
Issues: Health Insurance

Today, U.S. Congressman Paul A. Gosar, D.D.S. (AZ-04) announced his co-sponsorship of the ObamaCare Taxpayer Bailout Prevention Act (H.R.3541), legislation that prevents taxpayer bailouts of health insurance companies. This legislation repeals the section of the Patient Protection and Affordable Care Act that grants the Secretary of Health and Human Services unilateral authority to establish a risk corridor program, which could result in taxpayer-funded bailouts of insurance companies.

Rep. Gosar said, "No more taxpayer bailouts. Hardworking taxpayers shouldn't be on the hook for ObamaCare's failures. We simply can't allow this Administration to pass bad policy and then bail itself out to avoid admitting that ObamaCare is an unworkable disaster. I urge my colleagues to act swiftly to pass this bill."

Sen. Marco Rubio introduced companion legislation in the Senate, S.1726, where it was referred to the Committee on Health, Education, Labor, and Pensions.


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