In the latest of what seems to be an unending stream of outrages from the Obama administration in their attempts to keep the ObamaCare boat from being swamped by reality, the White House is floating several proposals to “help offset the loss in premium revenue and profit” that it said might occur if insurers went along with President Obama’s request to reinstate canceled policies. The proposals will offer more money to insurance companies as an incentive for them to let people keep insurance policies that were to have been canceled next year.
And what congressional spending authority does the NYT article cite as underpinning for these proposals. Don’t ask …