{"database": "press", "table": "releases", "rows": [["http://harris.house.gov/press-release/harris-rubio-fight-prevent-taxpayer-bailout-obamacare", "Harris, Rubio Fight to Prevent Taxpayer Bailout of Obamacare", "2015-01-08", "2015", "2015-01", "Republican", "House", "MD", "Andy Harris", "H001052", "harris.house.gov", null, null, "legacy", "WASHINGTON, DC: Today, Congressman Andy Harris, M.D. (MD-01) and Senator Marco Rubio (FL) introduced the \u201cObamacare Taxpayer Bailout Prevention Act\u201d in the House and Senate, which will repeal section 1342 of the President\u2019s health care law to stop bailouts of insurance companies. Section 1342 of Obamacare allows the President to use taxpayer dollars to bailout insurance companies if they lose money on the sale of insurance plans to Americans through the Obamacare exchanges.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0\n\u201cThe American people should not have to shoulder the burden of the President\u2019s failed health care plan and bailout insurance companies, while millions across the country have lost their coverage and seen increased health care costs. President Obama continues to sit back and force taxpayers to foot the bill for a law that is crippling the economy, killing jobs, and weakening health care in the United States,\u201d\u00a0said Dr. Harris. \u201cSection 1342 is just another example of presidential overreach and the President\u2019s complete disregard for the Constitution. Its repeal will protect taxpayers from future costs brought on by his disastrous law.\u201d\n\u201cOne of the biggest threats to the American Dream is the rising cost of living, which ObamaCare is making worse through rising health care costs and loss of coverage,\u201d said Rubio. \u201cTaxpayers should not have to fund massive bailouts to protect the profits of the insurance companies that helped write\u00a0Obamacare, which is why I\u2019ve been fighting for over a year to protect taxpayers from yet another bailout that puts them on the hook for Washington\u2019s mistakes.\n\u201cUnder December\u2019s omnibus spending bill, taxpayers are protected from bailing out insurance companies until September 30, but now Congress has the opportunity to take the possibility of a bailout off the table for good,\u201d added Rubio. \u201cBy passing this bill, Congress will ensure that no bailout will occur, in 2016 or ever.\u201d\nLast year, the House Committee on Oversight and Government Reform held two hearings last year on the potential Obamacare bailout and found that taxpayers could be paying up to $1 billion through the risk corridor program. The \u201cObamacare Taxpayer Bailout Prevention Act\u201d will force the Administration to work with Congress to address the potential financial imbalances incurred through the health care exchanges. The recently passed omnibus spending bill for fiscal year 2015 prevents the Administration from spending any funds to bailout insurance companies through the risk corridors program.", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["http://harris.house.gov/press-release/harris-rubio-fight-prevent-taxpayer-bailout-obamacare"], "units": {}, "query_ms": 0.8224779739975929, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}