Senator Rand Paul (R-KY) told Breitbart News in an exclusive interview that he thinks the Senate healthcare bill “looks too much like Obamacare.”
Senator Rand Paul joined Sens. Mike Lee (R-UT), Ron Johnson (R-WI), and Ted Cruz (R-TX) in opposition to the Senate bill. The coalition of conservative senators argue that the legislation does not do enough to repeal Obamacare.
Senator Paul explained his opposition to the newly released Senate healthcare bill:
I think the bill looks too much like Obamacare. It really doesn’t look like a repeal bill. It looks like we’re keeping Obamacare, it keeps probably 100 percent of the Obamacare subsidies. In fact, we have estimated that it may have more subsidies than Obamacare. It creates a new stabilization fund of over $100 billion. This fund is something that is not consistent with conservative philosophy because it’s the government giving money to insurance companies. The bill keeps ten of twelve Obamacare regulations that causes the prices of premiums to spiral upward. So my fear is that Republicans in putting forward something and saying they’re repealing and replacing Obamacare and not making it better. It actually does not repeal and replacing Obamacare, it replaces it with more Obamacare or Obamacare-Lite, which doesn’t really fix the problem.
Originally published by Breitbart.