From Forbes:

The Obama Administration is unlawfully diverting billions of dollars from taxpayers to insurance companies that sell Obamacare policies.

That is the conclusion reached in a legal opinion letter released today by former Ambassador and White House Counsel Boyden Gray.

Mr. Grays letter reinforces the conclusion of legal experts at the nonpartisan Congressional Research Service who found that the administrations actions would appear to be in conflict with the plain text of the Obamacare statute.

Mr. Grays letter documents how the Centers for Medicare and Medicaid Services is diverting $3.5 billion that it was legally obliged to remit to the Treasury and instead providing it to sponsors of Obamacare policies to compensate them for medical expenses of high-cost policyholders.