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Rubio: We Should Not Be Bailing Out A Failure

Jan 27, 2014 | Press Releases

Washington, D.C. – In this weeks installment of Marcos Constituent Mailbox video series, U.S. Senator Marco Rubio (R-FL) revisits the likelihood of a potential taxpayer-funded bailout of insurance companies under ObamaCare.

Rubio reads and responds to constituent letters — from Paul in Vero Beach, Robert in Orlando, and Kenneth from Longwood  — and addresses their concerns with the health care law’s flaws.

In response, Rubio said, “What the law says is: ‘Now, the federal government, meaning you and your taxpayer dollars, will have to come in and bail these companies out.’ To me, that is absolutely wrong on two fronts. Number one: government should not be participating in using taxpayer funds to bail out private companies. And number two, the second problem is if you’ve got to bail out ObamaCare with federal funds, it tells you the law is a failure. We should not be bailing out a failure.”

Rubio also highlighted S.1726, The ObamaCare Taxpayer Bailout Prevention Act, a bill he introduced last year that would eliminate the provision of ObamaCare that allows for taxpayer-funded bailouts of insurance companies at the Obama Administration’s sole discretion.

Rubio said, “Interestingly enough, I’m starting to receive, at this point, quiet, bipartisan interest in the issue. But I think in the months to come, as we get closer and closer to the reality that all of you are going to have to be seeing your taxpayer dollars going towards bailing out private companies at a time when our national debt is at $17 trillion and growing, I think you’re going to see a growing amount of support for that position.”

View Rubio’s full YouTube response here. For television stations interested in airing today’s response, a broadcast quality video is available here.

Rubio encourages constituents to continue writing letters and sharing their concerns regarding ObamaCare via Rubio’s official website, rubio.senate.gov.