Olson Votes to Repeal State Health Exchange Slush Fund

Repeal to Reduce Deficit by $14 Billion width=71Texas Insider Report: WASHINGTON D.C. Rep. Pete Olson (R-Sugar Land) today voted to repeal the unlimited funding provided under the ObamaCare health care law to provide grants to states for various activities related to health insurance exchanges. The legislation H.R. 1213 will save taxpayers more than $14 billion by 2021.  This funding was provided without Congressional oversight to the Secretary of Health and Human Services to use at their discretion.  Repeal of this slush fund passed by a vote of 238 to 183. At a time of record deficits it was wrong to force a mandatory costly and heavy handed government run health care program on the American taxpayer Olson said.  Todays vote to repeal the mandatory spending forced on us by ObamaCare is just one of many steps we are taking to restore sanity and fiscal discipline to the federal budget. This funding was approved last year with no oversight and no limits on how the Obama administration could spend it.  Thats wrong and Im pleased we passed this common sense measure to stop this unrestricted tap into the federal treasury. H.R 1213: Repeals mandatory funding provided to states in the Patient Protection and Affordable Care Act (PPACA) to establish American Health Benefit Exchanges.  Click here to view the CBO report.
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