Posted on 07/22/2014 7:30:07 AM PDT by gwjack
This is a breaking news story. Please check back for updates. In a potentially crippling blow to Obamacare, a top federal appeals court Tuesday said that billions of dollars worth of government subsidies that helped 4.7 million people buy insurance on HealthCare.gov are not legal under the Affordable Care Act.
(Excerpt) Read more at cnbc.com ...
This could tear Obamacare apart as most people could not afford it without the subsidies... It only applies to ones getting Obamacare through the federal government though. The Obamacare set up through the states are unaffected.
Woo-hoo.
Cruz and Perry were the people behind getting the states to refuse to participate and which generated this.
HUGE!
38 states refused to participate.
It will collapse.
Author was Dan Mangan. Drat that auto-correct!
Admin Moderator - could you correct the original posting, please? Thank you.
And for those with short memories, The dead-soul pirate Roberts was not stupid enough to not anticipate that his passing obamacare unobstructed would cause this crap to flow out upon America. John Roberts is owned, a man without strength of character just what the globalist oligarchs like to puppet.
Obama can read this after his exercise regimen which consists of flapping his lips.
most people can’t afford it with the subsidies, most people can’t afford it
If I recall correctly, this dealt with how the federal government set up an exchange, for states which chose not to set up their own exchanges. The law states that a “state” will set up exchanges, not the federal government.
Remember that health insurance is mainly regulated at the state level, not the federal level. So we’ll see if this cripples Obamacare. It might.
From that video that was posted. He looked like he was handling up on those 5lb. dumbbells.
whoohoo!!!!!
Does one really think this will stop Obama?
This should get really interesting. It only affects states who did not set up their own exchange (e.g. Georgia). We will have to wait and see what happens in states where they have abandoned their own state-run plans like in Oregon.
Boy, Just wait until Obama watches CNN and finds out about this.
Does anyone know if this is an official ruling?
Roberts will get another chance to vote for the Constitution. Don’t let us down this time, John.
No problemo. Zero will just get out his pen and his phone and presto changeo law of the land.
Pelosi, Reid, Odunga will be shouting from the rooftops “It’s for the children” And demand that the evil Republicans fix this RAT oversight by voting to change the law to include subsidizes for all.
Count on it.
I have a feeling this will be a short-lived victory. Most articles I’ve read on this case have noted that we got a pretty friendly 3-judge panel, but that the DC Circuit as a whole leans Democrat. So, I’d expect Obama to appeal for a rehearing en banc, and would not be surprised if the full court reversed this.
I thought it was 36 states.
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