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The BIG threat to Obamacare (video)
cnbc ^ | 7-7-2014 | @_DanMangan

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 Columbia—not 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 ...


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Roberts will save the day. /sarc
1 posted on 07/08/2014 5:38:16 AM PDT by Citizen Zed
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To: Citizen Zed
Doesn't matter what the USSC says. Ubama still has his pen and his phone.
2 posted on 07/08/2014 5:47:55 AM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: E. Pluribus Unum

it’s total tyranny, and the House and Senate are complicit by sitting by and doing nothing....


3 posted on 07/08/2014 6:06:45 AM PDT by nevermorelenore
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To: Citizen Zed

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.


4 posted on 07/08/2014 6:32:54 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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