You might have heard that Corinthian Colleges, a nationwide for-profit college system that advertised on TV constantly through institutions like Everest College, closed its doors in April after a record fine of $30 million by the Department of Education and legal action from various local authorities over deceptive and fraudulent practices. The shutdown left at least 16,000 students high and ... Read More »
Tag Archives: Bailout
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Florida Republican Sen. Marco Rubio thinks Democrats might be ready to repeal Obamacare in eight weeks.
"Look, this law cannot be saved. It will have to be repealed and the question is how long will it take for Democrats to realize that and cooperate in that endeavor,"...
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Obamacare includes a provision that allows the federal government to funnel taxpayer dollars to insurers that face the prospect of losing too much money under the new health care law, and conservative critics want to repeal it. Sen. Marco Rubio, R-Fla., said the provision could amount to a bailout of the insurance industry, which stands to lose if the troubled Obamacare exchanges fail to enroll enough people to make the system financially viable. Obamacare enrollment has already been stymied by...