Obama Quietly Increases Bailout Money For Insurance Companies ...
In a sneaky and illegal maneuver after close of business Friday,the Obama administration proposed a new rule increasing bailout protection for insurance companies that sell ObamaCare exchange plans. The rule –using taxpayer money,of course — is designed to protect the companies from losses.
It’s illegal,because no president,including Obama,has the constitutional authority to rewrite the laws. The president’s sworn duty is to “take care that laws are faithfully executed.”