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More Proof ObamaCare Is a Sop to Industry

"ObamaCare‘s biggest cheerleaders are the insurance and drug industries. ... barring repeal and despite the Obama administration’s fatuous rhetoric about standing up to the special interests, ObamaCare will shower those industries with massive subsidies." - Michael Cannon, Cato Institute

Michael Cannon at Cato writes about rent seeking and ObamaCare (HR 3590):

Reuters has helpfully published another article demonstrating that ObamaCare‘s biggest cheerleaders are the insurance and drug industries.  That’s because, barring repeal and despite the Obama administration’s fatuous rhetoric about standing up to the special interests, ObamaCare will shower those industries with massive subsidies.

Read his comments on the Reuters article: More Proof ObamaCare Is a Sop to Industry.