Obamacare Hemorrhaging Tax Dollars

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Obamacare Hemorrhaging Tax Dollars

Bradley Mattes   |   August 12, 2016

Obamacare’s been running for a few years.  Besides the huge increases in premiums, matched with the decline of benefits and millions losing their insurance altogether, how’s it doing?  After Obamacare was passed, the government set up state co-op insurance groups to create competition among insurers—most funding abortion.  They poured about two-and-a-half billion tax dollars into twenty-three co-ops to get them started.  Here’s what you’re getting for your money.  All but seven of the co-ops have gone bankrupt, losing one point seven billion tax dollars so far.  The remaining are all operating in the red by tens of millions of dollars. We must elect politicians who’ll overturn Obamacare in all its abortion funding glory.

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