Tuesday, July 22, 2014

Another Blow to Obamacare- Maybe the fatal blow.

In case you missed it:

Federal appeals court strikes blow against ObamaCare subsidies

A federal appears court on Tuesday struck down one of the pillars of ObamaCare, ruling that the law’s premium subsidies are invalid in more than two-dozen states.

The D.C. Circuit Court of Appeals said in a 2-1 decision that the Affordable Care Act (ACA) does not permit the IRS to distribute premium subsidies in the federal ObamaCare exchange, meaning those consumers must bear the full cost of their insurance. (read more)

My Comment: No doubt this will be appealed to the full circuit court and then if the government loses there, it will be appealed to the Supreme Court. This could spell the end of Obamacare.

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