Wil Wirtanen

Sally C. Pipes: Bailouts Won't Fix Obamacare's Fundamental Flaws

"Senate Republicans are complaining about Obamacare again. But this time, they're upset that the federal government isn't spending enough money to prop up the health law's insurance exchanges.


Over a dozen GOP senators, nearly all of whom repeatedly campaigned on repealing and replacing Obamacare, tried to include a $60 billion bailout for exchange insurers in the recent omnibus spending bill. The bailout was ultimately stripped from the bill because Democrats and Republicans couldn't agree on language to prevent the funds from subsidizing abortions.

But the GOP's efforts to shore up Obamacare are disgraceful. Premiums on the exchanges are soaring because of the health law's onerous mandates and regulations. Throwing more taxpayer dollars at the exchanges won't fix this fundamental problem."

Read it all at Investors.com

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