Profile in Candidate Courage: Marco Rubio Announces Opposition to Puerto Rico Bankruptcy and Bailout
CFIF steadfastly opposes the unwise and illegal effort to extend bankruptcy protection to profligate Puerto Rico, which would merely enable it to shirk its debt obligations without correcting its reckless financial and economic course.
Presidential candidate and Senator Marco Rubio (R - Florida) has chosen to do the right thing, as opposed to the politically-convenient thing, according to The Washington Post: "Sen. Marco Rubio (R - Fla.) on Friday said he did not support efforts to grant Puerto Rico the right to authorize municipal bankruptcies, a position that puts him on the opposite side of the issue from Republican presidential rival Jeb Bush, Democratic presidential front-runner Hillary Clinton - and most voters here on the cash-strapped island where he plans to campaign…[more]
During the first two years under ObamaCare, health insurers remained unable to assess what rates they must charge to cover the costs imposed by the new law.
Now that such assessment is possible in its third year, insurers realize that the law has proven much costlier than anticipated, and they're desperately seeking premium increases accordingly.
Or, to borrow from Nancy Pelosi, they passed the bill and now we're all beginning to pay for what's in it.
This isn't what Barack Obama promised, of course. In selling his proposal to the electorate, he assured us, "I also…
"I doubt a Biden-Warren ticket will happen, but it remains the only threat to Clinton outside of some Justice Department prosecutor showing the same zeal in going after Hillary Clinton as the administration did in going after David Petraeus. Otherwise the Democrats remain lashed to Clinton. Their only hope is that the Republicans self-destruct in a blaze of intraparty warfare. Something for which…[more]