Obamacare Fed Exchange Subsidies Fall
Courts are generally supposed to apply laws as written, not rewrite them–as Chief Justice John Roberts infamously and incoherently did so he could find Obamacare constitutional. (It’s not a tax, it’s unconstitutional under the Commerce Clause, it’s a tax so we can find it constitutional.)
Well, the powerful DC Court of Appeals apparently did its job by applying the law as the incompetent Obamacare drafters wrote it. From the CNBC story:
In a potentially crippling blow to Obamacare, a top federal appeals court Tuesday said that billions of dollars worth of government subsidies that helped nearly 5 million people buy insurance on HealthCare.gov are illegal.
A judicial panel in a 2-1 ruling said such subsidies can be granted only to those people who bought insurance in an Obamacare exchange run by an individual state or the District of Columbia — not on the federally run exchange HealthCare.gov.
This happened because of the incompetence of those who rule us currently and the rushed and corrupt way in which the law was forced down the collective throat.
Now, Obama and Company will look for John Roberts to pull their fat out of the fire again.
I am afraid he will.