Skip to comments.Exchange You Can Believe In
Posted on 07/22/2014 7:39:40 PM PDT by Lorianne
Earlier today the District of Columbia Circuit Court announced that the federal health-care "exchange" was illegal on the grounds that Congress had only legislated for state health-care "exchanges". For non-American readers, I suppose I should make an effort at explaining what an "exchange" is, but Lord Almighty, it's a pain. A year ago, "exchange" was something to do with stocks or taking that purple sweater back to the store after Christmas. But by the fall it was the latest exciting jargon-barnacle to encrust to the hulk of American health care: "co-pay", "HSA", "Cobra", "donut hole", etc, etc - and now "exchange". Here's how the District of Columbia Circuit Court explains it:
The idea was that you'd go to your state "exchange", sign up for Obamacare, and avail yourself of the generously subsidized health insurance. Unfortunately, most states declined to create exchanges, so the federal government set up one of its own, which, in Obamacare terms, is where the main action is.
That's the first problem. The law makes no provision for the federal government to do any such thing. So the DC Circuit Court, taking the language "established by the State" to mean what it says, struck down the federal exchange. Which means that Americans in 36 states will be losing their subsidies.
Or not. The White House immediately announced that, while it's always fascinating to hear what these fellows in black robes have to say, they're going to carry on full steam doing what they want.
(Excerpt) Read more at steynonline.com ...
The FedGov rulers are sick pigs.
Some animals are more equal.
not sure, because its been a long time and my papers are all filed, but, i think the tern “state” can refer to the federal government under tax law. sec 6003. before the government and google took over the internet you could search on tax code and get actual results. villanova u tax was the first to load this stuff. now all you get is goop googlepoop.
and again the power of the fed gov is unlimited in it’s power to tax said chief injustice Roberts. and he said this only because he has no understanding of the Constitution.