Mitch McConnell Scraps Repeal of Obamacare – Offers Bailout Insurance Companies Instead

Gateway Pundit – by Jim Hoft

Senate Majority Leader Mitch McConnell acknowledged on Saturday that the window to repeal and replace Obamacare is rapidly closing. McConnell said a top Republican Lamar Alexander is working with Democrats to bail out insurance companies instead.

Republican lawmakers ran on the promise to repeal and replace Obamacare.
Not one Republican ran on a plan to bailout the insurance companies. 

ABC reported:

A week after an attempt to repeal the Affordable Care Act failed, Senate Majority Leader Mitch McConnell says he’d consider a bipartisan effort to continue payments to insurers to avert a costly rattling of health insurance markets.

McConnell told reporters Saturday there is “still a chance” the Senate could revive the measure to repeal and replace “Obamacare,” but he acknowledged the window for that is rapidly closing.

The Kentucky senator noted Republican Sen. Lamar Alexander of Tennessee is working on “some kind of bipartisan approach” that would involve subsidies for insurance companies.

Alexander recently said he will work with the committee’s top Democrat, Sen. Patty Murray of Washington state, on a bill next month that would pay insurers through 2018. In exchange, Alexander wants Democrats to agree to make it easier for states to choose their own health coverage standards that insurers must provide rather than abiding by former President Barack Obama’s law.

“If the Democrats are willing to support some real reforms rather than just an insurance company bailout, I would be willing to take a look at it,” McConnell said, hours before he was expected to speak at the famously raucous Fancy Farm picnic in western Kentucky.

Saturday marked McConnell’s first appearance in Kentucky since the failed health care vote.

Republicans are now on break until September.

Gateway Pundit

9 thoughts on “Mitch McConnell Scraps Repeal of Obamacare – Offers Bailout Insurance Companies Instead

  1. If they subsidize the insurance industry, I feel a serious civil uprising in the making. Every facet of our lives are insured, by law!
    We need ins. to operate a motor vehicle legally.
    We are required by law to carry homeowner’s ins. by the mortgage “people”.
    Life ins. is required so no debts are left to survivors.
    Health ins. or else the Taxman will rape you.
    If you have a business, the liability, bonds and business, and unemployment insurances will hamper your profit margins significantly.
    We need some relief, not more expenses!

  2. NO!!! F*** this bailout bullshit! Obamacare is an unconstitutional farce, which has made it null and void from its inception! Taxing the American people for not having something they are not obligated to buy goes against everything that the Constitution and the Bill of Rights stands for!

  3. Oh, so it’s more fraud, then.
    Somehow, I am unsurprised.
    D.C. lives on fraud and theft.
    That’s it’s bread and butter.
    That’s all it has.
    That’s all it ever will have.
    Fraud and theft.

  4. Its called “risk corridor” and was written in as the inevitable plan….the taxpayers would pay for it. Socialist health care.

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