Sen. Ted Cruz (R-Texas) on Friday warned against a "bailout" of insurance companies, a warning shot as other Republicans work with Democrats on a bill to stabilize ObamaCare markets.
“It would be a serious mistake to bail out insurance companies, rather than provide relief to the millions of Americans who are hurting under Obamacare," Cruz said in a statement.
Cruz acknowledged that the Senate had failed again this week to pass a bill to repeal and replace the Affordable Care Act, but said that Republicans cannot give up and have to keep working.
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The warning against an insurer "bailout" comes as Sens. Lamar Alexander (R-Tenn.) and Patty Murray (R-Wash.) are negotiating a bill aimed at stabilizing ObamaCare, which is expected to include funding for key payments to insurance companies known as cost-sharing reductions (CSRs).Read the rest of the story HERE and follow a link below to a related story:
Republicans Should Reject ‘Bipartisan’ Solution for Obamacare
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