Posted on 10/06/2016 5:14:45 PM PDT by Olog-hai
Republicans in Congress are plotting ways to block the Obama administration from paying insurance companies hundreds of millions of dollars as part of an ObamaCare program.
GOP lawmakers say they are looking at “a dozen” options — including a possible provision in the year-end spending bill — to prevent the administration from using an obscure fund within the Treasury Department to pay out massive settlements to insurers.
The insurance companies are suing over a shortfall in an ObamaCare program that they say is damaging their businesses.
Settling the cases could help insurers deal with losses on the ObamaCare marketplaces, but Republicans argue the move would be a “bailout” that would circumvent the will of Congress. …
(Excerpt) Read more at thehill.com ...
They will fail.
They always fail.
Why bother?
“...but Republicans argue the move would be a ‘bailout’ that would circumvent the will of Congress.”
WHICH Republicans? Name them. They have caved on 0bamacare EVERY step of the way other than not voting for it in the FIRST place (credit due, there...)
Sorry GOP ,Obama already has the Secret Deal done and plane loads of cash ready to go
As sure as the Texas Rangers do every post-season.
This money was not allocated by Congress to pay insurers. Using it is illegal. But, what do legalities matter to this failure of a President?
If it wasn’t for that b-—h Olympia Snow, Obamacare wouldn’t even be alive today. But nooooooo. We gotta give it a hearing because we Republicans are bipartisan and we don’t want the lib media to call us meanies, so she voted for cloture.
They say they will do this. They will not actually do this.
I remember that. It’s pretty much her fault.
Bingo!!!.....she sold out the Republicans and voted it out of committee knowing full well the dems would pass it and then voted no on it to cover her sorry a$$!!!
Ezekiel Emmanuel kept blaming Rubio last night when he was on with Kelly.
Insurance companies got into bed with Democrats to pass this debacle. Now that they are going belly up, they want a taxpayer bailout.
No way. Actions have consequences and insurers should be forced to eat their losses.
I was just about to post everything you did.
Greedy B*****ds knew what was going to happen going into this abomination. I’m not into class envy, but this is one where they need their noses rubbed in the crap they left on the floor. But the GOP will fold. 3...2...1...
It’s the same old Kabuki theater. They aren’t “folding”; they’re faking.
IIRC risk corridor compensation was only for insurance companies in state exchanges and only for a limited time. Obama unilaterally (illegaly) changed how the risk corridors were to compensate (bribe) insurance companies when things started to go sideways for Obamacare.
Obama has just been spending willy nilly trying to keep this sieve afloat, and he was able to do that by using funds he gleaned because of budgeting through continuing resolution. The congress last year decided they had enough of Obamas’s lawless funding of the risk corridors and boxed him in when it came to funding whatever he saw fit.
Now he’s called out his little yappy dog Zeke to blame all the problems with O’care on the republicans, even after everyone with half a brain told the commies that there was no way in this or any other universe that the ACA was affordable and now they are whining that unlimited funds will not be pissed over the bank to keep it afloat. So much for the less than $1 trillion over ten years.
Here’s another possibility:
This is very strange .. but I’m wondering how many States are having a smoking tax increase ..?? all over the country.
We’re having one here in CA (there’s also one in NYC).
Now, I’m wondering if this has another purpose ..??
How about a WAY TO PAY OFF THE INSURANCE COMPANIES BECAUSE OF THE COLLAPSE OF OBAMACARE ..???????????
Anybody know ..??????
Failure requires effort of some sort? We won’t even get that.
I’d finally quit.
>
If it wasn’t’t for that b-—h Olympia Snow, Obamacare wouldn’t even be alive today.<<
Bingo!!!.....she sold out the Republicans and voted it out of committee knowing full well the dems would pass it and then voted no on it to cover her sorry a$$!!!
>
Sorry, but bullsh!t. She is but one cog in the machine known as ‘GOVT’. Controlling the purse strings, and the GOP\RNC gave Zero the blank check EVERY single time.
They couldn’t even counter it on the basis of the Constitution, ‘cuz that would make people start to take note.
They didn’t even TRY to stop the process ala ‘every trick in the book’; it was the wink-wink nudge-nudge of the Uniparty.
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