Skip to comments.The BIG threat to Obamacare (video)
Posted on 07/08/2014 5:38:16 AM PDT by Citizen Zed
In a nutshell, plaintiffs in the case Halbig v. Sebelius claim those often-valuable subsidies are illegal because the Affordable Care Act only authorized such tax credits for people who bought insurance through one of the exchanges originally set up by an individual state or the District of Columbianot the federal exchange. Nearly 90 percent of the people who enrolled in plans via the federal exchange qualified for those subsides because they had low or moderate incomes.
Take away those subsidies and many, if not most, of the enrollees on HealthCare.gov might not buy insurance next year because they will find it unaffordable at the full premium price.
(Excerpt) Read more at cnbc.com ...
it’s total tyranny, and the House and Senate are complicit by sitting by and doing nothing....
This should have been fast tracked to the Supreme Court (actually, Obama never should have stolen billions of taxpayer dollars to illegally subsidize his Obamacare scheme). I miss the rule of law.