Sen. Rand Paul is not happy that Senate Republicans have put forth a healthcare reform bill that not only doesn't repeal Obamacare, but actually expands it further than even Democrats dared to do.
"I miss the old days, when Republicans stood for repealing Obamacare," Paul, R-Ky., wrote in a column for Breitbart.
Paul argues that the Better Care Reform Act (BCRA) keeps everything that's wrong with Obamacare:
- "Keeping the Obamacare subsidies" — check.
- "Keeping some of the Obamacare taxes" — check.
- "Keeping most of the Obamacare regulations" — check.
But Paul saved his toughest talk for the provision of the BCRA that would "transfer billions of dollars to people who will then transfer billions of dollars to insurance companies" — a "giant insurance bailout superfund."
"The Senate Obamacare-lite bill does what the Democrats forgot to do — appropriate billions for Obamacare's cost-sharing reductions, aka subsidies. Really?" Paul wrote.
"Doesn't sound much like repeal to me. One might even argue it's worse than Obamacare-lite because it actually creates a giant superfund to bail out the insurance companies — something even the Democrats feared to do.
"If the GOP now supports an insurance stabilization fund to lower insurance prices, maybe they now support a new car stabilization fund to lower the price of cars. Or maybe the GOP would support an iPhone stabilization fund to lower the price of phones," Paul wrote.
Finally, Paul chastised Republicans who talked tough of the day when they held both houses of Congress and the White House, only to see them fall flat now that the day is here.
"Shame on many in the GOP for promising repeal and instead affirming, keeping, and, in some cases, expanding Obamacare. What a shame," Paul concluded.
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