A U.S. Food and Drug Administration (FDA) advisory committee recently determined that phenylephrine, an ingredient commonly used to treat sinus and nasal congestion, is ineffective in treating these symptoms. This was apparent from research for years, yet large...
El senador estadounidense Marco Rubio (R-FL) habló con César Grajales de La Poderosa 670 AM en El Panorama Político, sobre la crisis fronteriza, sobre cómo los hispanoamericanos se ven afectados con la realidad del país, sobre los cargos contra el senador Bob Menéndez...
Pregnant students are sometimes discriminated against by their schools, either intentionally or unintentionally and there is a concerning lack of awareness about the resources and rights available to them. Due to a lack of services and discrimination, these women may...
Currently, intelligence community civilians are subject to certain tax penalties for job-related relocation requirements, but active-duty military servicemembers are not subjected to the same penalties. These tax benefits, including the ability to deduct moving...
Vice Chairman of the Senate Select Committee on Intelligence Marco Rubio (R-FL) delivered opening remarks and questioned witnesses at a hearing on countering China’s influence in the United States. Watch Rubio’s opening remarks here as well as Part I and Part II of...
Approximately 302,000 Americans live with spinal cord injuries. To help these people achieve a better quality of life, there is a need to increase education and invest in research. U.S. Senators Marco Rubio (R-FL) and Tammy Baldwin (D-WI) successfully led a bipartisan...
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) today introduced The ObamaCare Taxpayer Bailout Protection Act, legislation to hold the Administration accountable by ensuring ObamaCare’s risk-corridor provision remains budget neutral, which would prevent taxpayer dollars from being used to bailout insurance companies.
This is Rubio’s latest attempt to protect taxpayers from an ObamaCare bailout after introducing The ObamaCare Taxpayer Bailout Prevention Act in November.
Under ObamaCare’s section 1342, risk corridors were established for the law’s first three years as a safety net for insurers who experience financial losses, needlessly exposing taxpayers to funding a bailout of insurance companies. Earlier this month, the Obama administration announced a new rule “to operate the risk corridors program in a budget neutral manner.” Rubio’s bill holds the Administration accountable by requiring that ObamaCare’s risk corridors ensure budget neutrality.
“From rising health care costs to loss of coverage, millions of Americans have already been hurt by ObamaCare. We cannot allow a taxpayer-funded bailout to be the American people’s next hardship,” said Rubio. “The Administration’s excessive delays and revisions of ObamaCare cannot transform the law into a success, and taxpayers cannot be expected to foot the bill for Washington’s mistakes when the law fails.
“This provision holds the Administration to its word and takes a common sense approach to guaranteeing taxpayers are protected from further paying for a reckless and irresponsible law that should never have been passed in the first place,” added Rubio.
A PDF of the legislation is available here.