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Saturday
Oct012016

An Illegal Bailout for ObamaCare

WSJ

We keep reading that Donald Trump poses a unique threat to constitutional norms if he’s elected. His liberal critics would have more credibility if they called out the Obama Administration for its current (not potential) abuses of power, and here’s an opportunity: The Administration is crafting an illegal bailout to prop up the President’s health-care law.

News leaked this week that the Obama Administration is moving to pay health insurers billions of dollars through an obscure Treasury Department account known as the Judgment Fund. This would be a cash infusion for an ObamaCare program known as “risk corridors,” an allegedly temporary provision in the 2010 law that enticed insurers to participate in the exchanges.

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