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Ted Cruz: “Democrats' solution to that is give $50 billion in subsidies…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Published | Video Starts at 12:20

That's what I and the other critics of Obamacare said would happen. It's exactly what's happened. Even the Washington Post admits the so called Affordable Care act is not affordable. And, and that was the Democrats' solution to that is give $50 billion in subsidies from the taxpayers straight to giant health insurance corporations. It's just corporate welfare. And mind you, these, these health insurance corporations, their stock prices have increased in some instances more than 1,000% since Obamacare was signed into law. (12:20–12:32)

CLAIM

Asserts that Democrats proposed $50 billion in subsidies to health insurance corporations.

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