Posted on 02/19/2015 5:52:54 PM PST by Jim Robinson
If you want a sense of just how far-reaching the impact of a Supreme Court decision gutting Obamacare subsidies could prove, new data on health care signups released this week provide a fresh way to game out such a ruling’s consequences.
The Department of Health and Human Services announced the other day that some 11.4 million people have signed up for health plans through federal marketplaces. The new HHS data also provides a breakdown of the number of sign-ups in each of the three dozen states on the federal exchange — precisely the states that would no longer get subsidies if the Court invalidates tax credits to people in all federal exchange states.
This provides a way of approximating just how much money in tax credits each state could lose if the Court rules that way. We’re talking about enormous amounts of money: Florida could lose nearly half a billion dollars per month in subsidies to its constituents. Texas could lose a quarter of a billion dollars per month. North Carolina and Georgia could each lose over one hundred million per month.
(Excerpt) Read more at washingtonpost.com ...
Scrap it SCOTUS!
Oh boy. When leftists start screeching about how much it’s going to cost if one of their multi-trillion-dollar pipe dream programs gets cancelled, you know they’re scared.
The SCOTUS will rule in favor of subsidies, 6-3 (Roberts, Kennedy). You heard it here first.
If they had some blackmail material on Roberts before, they’ll probably kidnap one of Kennedy’s relatives for this one, just to be sure.
You can bet your ass they won’t rule against it, no matter what....
Right. Its gonna cost trillions if we keep it, billions if we cancel it. Lets go with billions.
Good. Repealing Obamacare could save the states and the federal government even more billions and billions of dollars. In addition, a repeal could make medical care more accessible to those who now have insurance “coverage” but no access to care, and to those who were priced out of coverage by Obamacare but are now blocked from care too because of that terrible law.
No, I'm not holding my breath.
Oh nooooo! Oh the humanity! We will all die without Obamacare.
And the Democrats OWN it 100% !!
Typical Democrat scare tactics.
I think it will be the same 5/4 vote as last time. Roberts will save Obamacare once again.
“If you want a sense of just how far-reaching the impact of a Supreme Court decision gutting Obamacare subsidies could prove . . ..”
Don’t they mean “Supreme Court decision that applies the law as written. . ..?”
Oldplayer
I’m sure looking for the US Supreme Court to rule against Obamacare. That would make my day!!
It is completely beyond the Washington ComPost that all those billions of dollars are coming out of our pockets either way.
Oh no, those are magical federal dollars that appear out of thin air begging to be spent.
Washpost has a misleading headline.
“cost the states billions”? The subsidies are not a cost to the state or to the recipients of the subsidy. The cost is to federal taxpayers who are funding the illegal subsidy.
The headline should be “A Supreme Court decision against Obamacare would save taxpayers billions and billions of dollars”
See what you meanie-old right wingers have done!? Now we can’t print more money and in debt our children and grandchildren!
Bush 2016! For the hat trick!
/s
who in the Obama regime gave WaPo these talking points??
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