Republicans Are Suddenly Embracing Fight Against Price Gouging
When Democrats were grappling with sky-high inflation just a couple of years ago, Trump called their plans to fight price gouging by American companies "communism." Now that it’s the Republican Party getting blamed for high prices, Trump Cabinet members — and GOP lawmakers on Capitol Hill — are doing much the same, laying into CEOs and calling for new regulations and antitrust suits.
My goodness! I'd put this right up there with Susan Collins' "concern."
“They are making money hand over fist,” Bob Kennedy said of insurance companies at a Ways and Means Committee hearing yesterday. Later, he agreed with House Budget Chair Jodey Arrington (R-Texas) that the Federal Trade Commission needed to start bringing some antitrust suits against health industry firms.
Wait! Wasn't this kind of talk showing support for holding the health insurance industry accountable THE EXACT SAME THING as shooting down insurance executives in the street? I AM SO CONFUSED. I mean, they basically siphoned off the kind of federal cash that made the Affordable Care Act affordable!