July 25, 2014

US Appeals Court Says Obama Care Illegal




[From article]
A federal appeals 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.
"Because we conclude that the ACA unambiguously restricts the section 36B subsidy to insurance purchased on Exchanges 'established by the State,' we reverse the district court and vacate the IRS’s regulation," the court said in its ruling.
The ruling by the three-judge panel sets up a major legal showdown that conservatives believe could deal a fatal blow to President Obama’s healthcare law.
The Obama administration quickly signaled it would appeal the ruling to the full D.C. Circuit, but even if it triumphs there, the case appears destined for the Supreme Court.

http://thehill.com/policy/healthcare/212950-appeals-court-strikes-blow-against-obamacare-subsidies

Federal appeals court strikes blow against ObamaCare subsidies
By Elise Viebeck
07/22/14 10:25 AM EDT

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