Senate Republicans promised to repeal Obamacare, not bail it out

WashingtonYesterday, Senate Majority Leader Mitch McConnell (R-KY) said if Republicans cannot agree on Obamacare repeal legislation, the party will work with Democrats and liberal Senator Chuck Schumer (D-NY) to pass legislation that would bailout health insurance companies and keep the failing law in place. Heritage Action released the following statement from chief executive officer Michael A Needham:

“Talk of a bipartisan bailout of Obamacare would have two major effects: It would embolden Republican moderates as they continue to hold out in attempt to keep as much of Obamacare on the books as possible, and it would undermine honest efforts that empower states to get out from under Obamacare’s burdensome regulations. If the Republican Party wants to work with Democrats to bailout Obamacare, the results will be catastrophic for the party. For seven years it has pledged it is the party of repeal and now is the time to work toward that goal.”