Obamacare merry-go-round: Regulations, subsidies, taxes, more subsidies

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Nobody should be surprised that President Obama’s Department of Health and Human Services has proposed a new bailout for insurers.

Whenever Obama sees a problem, he proposes a regulation. When that regulation hurts someone, he proposes a subsidy. That subsidy, in turn, justifies a new tax or regulation, then more bailouts.

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