Tuesday, March 3, 2015

Obama says there's no 'legal basis' for the Supreme Court to dismantle Obamacare subsidies...

dailymail.co.uk ^ | Mar. 2, 2015 | Reuters and David Martosko, 

Obama says there's no 'legal basis' for the Supreme Court to dismantle Obamacare subsidies and defends the lack of a Plan B if he's wrong

Supreme Court will hear oral arguments on Wednesday in a case that could gut the Affordable Care Act
Planitiffs say the law itself forbids the federal government from offering insurance subsidies in states that didn't set up their own exchanges
Dozens of states opted to let Healthcare.gov sell policies to their citizens, and those people could be left twisting if the court rules against Obama
Republicans say Congress has a 'Plan B' but it's likely the White House would resist it
They would offer consumers temporary financial assistance and give states new permissions to fashion their insurance markets differently
President Barack Obama said on Monday that he thinks there is no 'plausible legal basis' for the U.S. Supreme Court to strike down a key plank of Obamacare, and also defended his administration's lack of a contingency plan if he's wrong.

He also promised to make a final determination on the Keystone XL pipeline before he leaves office, although he would not say whether it will take him 'weeks or months' to determine whether the project is in the national interest.

Obama touched on both policy issues during an interview with Reuters.

On the Affordable Care Act, his signature policy achievement commonly referred to as Obamacare, the Supreme Court is set to hear oral arguments on Wednesday in the case known as King v. Burwell.
(Excerpt) Read more at dailymail.co.uk ...

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