The money in the stabilization fund, $130 billion which I call an insurance bailout, is put in to try to cure the adverse selection that Obamacare created by making insurance too expensive. Healthy people didn't buy it. They tried to fix this by forcing young people to buy it through an individual mandate. Even that didn't work. So the way the Republicans fix it is they don't actually fix it. They subsidize it. So we have to fix what went wrong with Obamacare, not just recapitulate something that's broken.
Rand PaulISIL is not the JV team. I cannot stress enough that there's a terrorist army in Syria and Iraq that wants to attack the homeland and we're not doing anything about it. So how do you defeat the ideology? Build up others? You reject Rand Paul.
Rand PaulIf I have a weakness, it's that I try to live by the rules. I try to live by the rules, no matter what they are, and I was brought up that way as a kid. Play by the rules.
Rand PaulRight now in the insurance markets, we have sort of a disaster unfolding, a downward spiral, adverse selection, premiums in the individual market going through the roof. People can't afford insurance and insurance companies are losing hundreds of millions of dollars. If you repeal part of Obamacare to get rid of the individual mandate but keep some of the ideas, that people can still buy insurance after they're sick, the situation gets extraordinarily worse. And so what we're seeing now could be tenfold greater if you only repeal part of Obamacare.
Rand Paul