- On October 12, the Trump administration announced it would stop making cost-sharing reduction payments to insurers, because it lacked a constitutionally valid appropriation to do so—an action that restores Congress’ “power of the purse.”
- While some have proposed that Congress should appropriate funds for the payments, such action would effectively reward insurers’ prior risky behavior—assuming cost-sharing reductions would continue to be paid, even after a federal judge struck them down as unconstitutional—thereby perpetuating moral hazard.
- A better course of action is repealing the undermining regulations surrounding Obamacare, which necessitated the unconstitutional cost-sharing reduction payments to insurers in the first place.
Gavin Newsom gives new handout to illegal immigrants and taxpayers could be on the hook
Biden actions could mean an additional $11 billion in taxpayer funds for California. Much of America’s future is made, tested, and—more often than not in recent years—fails in California. California’s Democratic Gov. Gavin Newsom just announced that California would begin providing health care coverage to an additional 764,000 illegal immigrants on top of the 1.1...