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Fox News: Court decision looms in subsidy challenge that could unravel ObamaCare
WASHINGTON –
A few blocks down the street from where the U.S. Supreme Court recently issued its ruling in the Hobby Lobby case, a powerful federal appeals court is preparing its own decision in a case that could cause serious complications for ObamaCare.
The case, Halbig v Sebelius, is a major legal challenge that cuts to the heart of the Affordable Care Act by going after the legality of massive federal subsidies and those who benefit from them.
A ruling could come as early as Friday.
In the case, the plaintiff claims the Obama administration – in particular, the Internal Revenue Service -- is breaking the law by offering tax subsidies in all 50 states to offset the cost of health insurance. The suit maintains that the language in ObamaCare actually restricts subsidies to state-run exchanges -- of which there are only 14 -- and does not authorize them to be given in the 36 states that use the federally run system, commonly known as HealthCare.gov.
A ruling against the subsidies would mark the biggest blow to ObamaCare to date, and would threaten the entire foundation of the newly devised health care system. A total of $1 trillion in subsidies is projected to be doled out over the next decade. Click to expand...
The tone of the oral arguments -- particularly, the questions asked by the three-judge panel hearing the case -- suggests a ruling against the subsidies, which are a key factor in the eventual success or failure of Obamacare. If the subsidies are ruled illegal as many expect, premiums will skyrocket and the demographic that the administration expects to make up the financial foundation of the healthcare law -- young, single adults -- will drop out of the program like flies. They will not buy insurance for ailments they will not encounter for forty more years.
Jedi Knight
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thisnumbersdisconnected said:
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The tone of the oral arguments -- particularly, the questions asked by the three-judge panel hearing the case -- suggests a ruling against the subsidies, which are a key factor in the eventual success or failure of Obamacare. If the subsidies are ruled illegal as many expect, premiums will skyrocket and the demographic that the administration expects to make up the financial foundation of the healthcare law -- young, single adults -- will drop out of the program like flies. They will not buy insurance for ailments they will not encounter for forty more years.
Click to expand...
Perhaps they were hoping the illegals living here would be benevolent and pick up the tab.