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Another Obamacare Glitch (Huge! Hussein Trying To Re-Write Law With IRS--not Congress!)
Wall Street Journal (Link has full article!) ^ | 11/16/11 | Adler and Cannon

Posted on 11/16/2011 10:53:53 AM PST by Recovering_Democrat

Even if ObamaCare survives Supreme Court scrutiny next spring, its trials will be far from over. That's because the law has a major glitch that threatens its basic functioning. It's so problematic, in fact, that the Obama administration is now brazenly trying to rewrite the law without involving Congress.

The Patient Protection and Affordable Care Act offers "premium assistance"—tax credits and subsidies—to households purchasing coverage through new health-insurance exchanges. This assistance was designed to hide a portion of the law's cost to individuals by reducing the premium hikes that individuals will face after ObamaCare goes into effect in 2014. (If consumers face the law's full cost, support for repeal will grow.)

The law encourages states to create health-insurance exchanges, but it permits Washington to create them if states decline. So far, only 17 states have passed legislation to create an exchange.

This is where the glitch comes in: ObamaCare authorizes premium assistance in state-run exchanges (Section 1311) but not federal ones (Section 1321). In other words, states that refuse to create an exchange can block much of ObamaCare's spending and practically force Congress to reopen the law for revisions.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: 2012; barackpansies; bhohealthcare; bloodoftyrants; bungled; congress; corruption; deathcare; democratcorruption; democrats; exchange; fairytaleclintonsaid; fraud; fubo; fubogtfo2012; govtabuse; hussein; liberalfascism; maybealittleblow; mymuslimfaith; nobama2012; obama; obamacare; ppaca; socialisthealthcare; states; taxes; tyranny; unconstitutional
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Hussein is trying to re-write the law by having the IRS create a "rule" that makes "premium assistance" available in *all* exchanges, not just federal ones...so the Department of the Treasury is now trying to CREATE assistance.

Disgusting, and we ought to call attention to Hussein's attempt to re-write the law.

1 posted on 11/16/2011 10:53:56 AM PST by Recovering_Democrat
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To: Recovering_Democrat
Ubama IS the federal government.

Get over it.

</sarcasm>

2 posted on 11/16/2011 10:57:23 AM PST by E. Pluribus Unum (The enemy of my enemy is my candidate.<sup>®</sup>)
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To: Recovering_Democrat

Forget calling attention to it Constitutional lawyers like Mark Levin and others should be revving up as I type.


3 posted on 11/16/2011 11:01:12 AM PST by mk2000
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Let's bring this Freepathon
Wonder what it said
To the TAIL end!

4 posted on 11/16/2011 11:03:03 AM PST by Darksheare (You will never defeat Bok Choy!)
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To: Recovering_Democrat

What is most shocking is someone had to leak this.Who would TELL on Obama within his admin?And then someone had to decide to print it.The MSM going against Obama? Or getting the story of the year?Or both?


5 posted on 11/16/2011 11:06:33 AM PST by Dubya-M-DeesWent2SyriaStupid!
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To: Recovering_Democrat

This is something both parties should be screaming about. Do the democrats have one shred of dignity left? If the Congress doesn’t put him in check then we don’t need them. Let’s just proclaim him King and call it a day.


6 posted on 11/16/2011 11:06:37 AM PST by jersey117
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To: Recovering_Democrat
I'm sure the GOP will be on the case (/sarcasm)
7 posted on 11/16/2011 11:10:16 AM PST by Major Matt Mason (The Chicago Way isn't the American Way.)
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To: Recovering_Democrat
This is where the glitch comes in: ObamaCare authorizes premium assistance in state-run exchanges (Section 1311) but not federal ones (Section 1321).

So they simply charge lower premiums and operate at a loss just like they do with everything else the government runs.

8 posted on 11/16/2011 11:10:22 AM PST by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: Recovering_Democrat

sfl


9 posted on 11/16/2011 11:10:41 AM PST by phockthis
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To: Recovering_Democrat
that the Obama administration is now brazenly trying to rewrite the law without involving Congress

TRANSLATION: Dictator, der 0berFuhrer Hussein 0bama, knows what's best will tell us what we need!

FUBO GTFO! 430 Days until Noon Jan 20, 2013

10 posted on 11/16/2011 11:11:06 AM PST by The Sons of Liberty (Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
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To: Recovering_Democrat

Hussein is a dictator and the Senate a politburo for the oligarchs for crony deal making. Un-effing believable. Our Founders must be about ready to burst out of their graves.


11 posted on 11/16/2011 11:11:50 AM PST by blasater1960 (Deut 30, Psalm 111...the Torah and the Law, is attainable past, present and forever.)
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To: jersey117

The National Enquirer got it correct with Edwards and now Obama.

But the MSM want to talk Penn State and GOP blunders...

http://www.nationalenquirer.com/celebrity/obama-secret-life-exposed


12 posted on 11/16/2011 11:12:59 AM PST by Dubya-M-DeesWent2SyriaStupid!
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To: Hoodat
"This is where the glitch comes in: ObamaCare authorizes premium assistance in state-run exchanges (Section 1311) but not federal ones (Section 1321).

So they simply charge lower premiums and operate at a loss just like they do with everything else the government runs.

----------------------------------

I don't think that's the plan. The Centers for Medicare and Medicaid Services (CMS) are trying to force the states to run the exchanges or risk loss of support funds for their Medicaid systems. See The Federal Register, August 17, 2011.

13 posted on 11/16/2011 11:17:09 AM PST by In Maryland ("If stupidity got us into this mess, why can't it get us out?" - Mark Twain)
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To: potlatch

14 posted on 11/16/2011 11:34:03 AM PST by devolve (- - - - - - - - - - - - Nouveau Barack Pansies of Obamaville - - - - - - - - - - - -)
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To: Recovering_Democrat

Hmmm....I wonder if those of us who have insurance have “standing” enough to sue for remedy, given that the Obamacare law mandates the coverage of pre-existing conditions, thereby increasing our costs?

It’s my understanding that if previous conditions are covered, under most state laws the product ceases to be insurance anyway.


15 posted on 11/16/2011 11:37:12 AM PST by wayoverontheright
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To: mk2000

Agreed - and I expect Levin will.


16 posted on 11/16/2011 11:53:25 AM PST by cvq3842
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To: E. Pluribus Unum

Yes, we have pretty much gotten to the point where the President is a four year dictator. The role of Congress is to either rubber stamp his diktats or just shut up while unelected agencies ruin our country.


17 posted on 11/16/2011 12:09:54 PM PST by Jacquerie (Think outside the pizza box.)
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To: Dubya-M-DeesWent2SyriaStupid!

I think it wasn’t leaked, but the IRS rule or whatever, was published, and someone read it and knew what it meant.


18 posted on 11/16/2011 12:37:10 PM PST by PghBaldy (War Powers Res: http://avalon.law.yale.edu/20th_century/warpower.asp)
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To: mk2000
Forget calling attention to it Constitutional lawyers like Mark Levin and others should be revving up as I type.

Will they get really, really mad? The Law means nothing to these people, and Boehner will set on his hands and pretend he is against this mess, while quietly enabling it.

19 posted on 11/16/2011 12:55:34 PM PST by itsahoot (There was a bloodless coup in 08, and no one seemed to notice. God help us.)
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To: Recovering_Democrat

with in the corrupt bill it also says that IRS determines what is a proper business expense, no legislation and no tax court.


20 posted on 11/16/2011 1:02:11 PM PST by PeterPrinciple ( getting closer to the truth.................)
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