VIDEO: Bachmann on Obamacare Bailouts: Insurance Companies Win, Taxpayers Lose

Washington, D.C. -- Earlier today, Congresswoman Michele Bachmann (MN-06) spoke to Fox News' Neil Cavuto about legislation that would repeal the "risk corridors" provision from Obamacare and help prevent a bailout of insurance industries.

Some Highlights:
"Casinos wouldn't be able to fix the house rules the way that Obama has fixed the rules for Obamacare. Always for the government's favor, always for the big insurance companies' favor."

"Heads insurance companies win; tails insurance companies win. And who loses, Neil? It's your Fox viewers. It's not only the taxpayers; it's the the people who pay the insurance premiums."

"The Obama administration took out the fundamental feature of insurance industry--which is costing out risk. Now there is no cost on risk, because we will all bear the risk, not the insurance companies. It's mandated profit for the insurance companies to the detriment of the little guy in the United States. No self-respecting Democrat, no self-respecting Republican or no self-respecting Independent should ever stand for that."

Watch the full interview here

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