Momentum Builds for ObamaCare Bailout Prevention Bill

Press Release

U.S. Senator Marco Rubio (R-FL) today welcomed the support of several fiscal watchdog and conservative organizations for S.1726, The ObamaCare Bailout Prevention Act, a bill that would eliminate a provision of ObamaCare that allows for taxpayer-funded bailouts of insurance companies at the Obama Administration's sole discretion.

Rubio introduced the bill earlier today.

Among the groups endorsing the legislation are:

American Conservative Union
Americans for Prosperity
Americans for Tax Reform
Campaign for Liberty
Center for Freedom and Prosperity
Club for Growth
Council for Citizens Against Government Waste
Heritage Action for America
National Taxpayers Union
Tea Party Express

"American taxpayers are sick and tired of losing in Washington's schemes, and I'm proud to have the support of groups that refuse to accept having to bail out anyone for the growing ObamaCare disaster," said Rubio. "The American people should not have to bail anyone out. Period. But they especially shouldn't have to just so President Obama can save face for a broken promise."

The ObamaCare Bailout Prevention Act is also co-sponsored by Senators Saxby Chambliss (R-GA), John Hoeven (R-ND), Jim Inhofe (R-OK), Mike Lee (R-UT), Mitch McConnell (R-KY), Rand Paul (R-KY) and David Vitter (R-LA).