Friday, November 7, 2014

Obamacare Is Headed For Another Supreme Court Showdown, And It Puts The Law In 'Dangerous Territory'

Business Insider ^ | November 7, 2014 | Brett LoGiurato 

The Supreme Court on Friday agreed to take up a new challenge to the Affordable Care Act, a move that will again thrust the law into a high-profile battle before the high court.
The Supreme Court's move is somewhat surprising, considering there is still no split in the lower, circuit courts. But the high court agreed to King v. Burwell, a case in which the Fourth Circuit court upheld an IRS rule that extends the distribution of health insurance subsidies to states served by the federal insurance marketplace.
The challenge to the law is viewed as having the potential to cripple Obamacare in the 36 states where the federal government provides subsidies for low-income people to buy health insurance.
(Excerpt) Read more at businessinsider.com ...

T-Shirt