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WH Nixes Obamacare Insurance Subsidies

posted by Bill Strange -

Obamacare subsidies to insurance companies are ending.  The White House called the payments an unlawful bailout of insurance companies and an example of how the Obama administration abused taxpayer dollars.  

The $7,000,000,000 in subsidies was meant to help insurers off-set the costs of insuring low-income customers.

Photo: Getty

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