Federal subsidies are the lynchpin holding Obamacare together. Without them, insurance plans bought…
Supreme Court Could Defund Obamacare
Federal subsidies are the lynchpin holding Obamacare together. Without them, insurance plans bought on state-run exchanges would be too expensive for most people to buy.
Which means there’s a huge gaping problem if you live in one of the 36 states that chose to let the feds run the exchange: You don’t qualify for federal subsidies.
“Congress was exceedingly clear that tax credits and subsidies are available to people whose plans ‘were enrolled in through an exchange established by the State under section 1311 of the Patient Protection and Affordable Care Act,’” argues Scott Pruitt, Oklahoma’s Attorney General, in the Wall Street Journal.
“Congress specified that credits and subsidies are only to be available in states that set up their own health-insurance exchange…[more]
"Mr. Obama’s problem now is that people think he is smart. They think, as they look at his health-care vows, that either he didn’t know how bad his program was, what dislocations it would cause, what a disturbance it would be to the vast middle class of America . . . Or he knew, and deliberately misled everyone. If they thought he wasn’t very bright, they might give him some…[more]