Posted on 10/23/2013 2:03:20 PM PDT by ThethoughtsofGreg
A lawsuit challenging premium subsidies in federal exchanges survived a procedural hurdle Tuesday, with U.S. District Court Judge Paul Friedman rejecting the federal government’s motion to dismiss and promising a ruling by February 15th.
The case, Halbig v. Sebelius, is one of four outstanding lawsuits challenging an IRS rule allowing premium subsidies in states refusing to create an exchange. If successful, the challenge would not only stop the employer mandate in most states, but would protect some Americans from the individual mandate to buy federally-approved health insurance. Because exchange subsidies are estimated to cost $1.075 trillion through 2023, blocking them in the 34 states that have refused exchanges would additionally reduce federal spending.
(Excerpt) Read more at americanlegislator.org ...
Seems that preservation of our successful capitalism framework could be the underpinning of these lawsuits. Hopeful progress though.
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