Healthcare: ObamaCare Takes A Major Step Back After Court Ruling
By:
LATF Staff Member
Random Commentary
July 22, 2014,
12:23 am
On Tuesday, a panel of judges on the federal appeals court ruled in a 2-1 vote that government subsidies should be cut off for the majority of low and middle income residents who are currently receiving help with their insurance premiums under the Obamacare program.
This is a major setback for the Affordable Care Act, which was meant to aid those with lower income. Millions of people obtained subsidies through the federally run exchange of www.HealthCare.gov. The panel of the U.S. Court of Appeals for the District of Columbia ruled 2-1 that the IRS went too far in extending subsidies to those who buy insurance through that website.
Those who are defending the healthcare law have commented that this ruling will be reversed by the full U.S. Circuit Court of Appeals for the District of Columbia. Obama administration officials confirmed Tuesday that they plan to appeal.
Healthcare: ObamaCare Takes A Major Step Back After Court Ruling
This is a major setback for the Affordable Care Act, which was meant to aid those with lower income. Millions of people obtained subsidies through the federally run exchange of www.HealthCare.gov. The panel of the U.S. Court of Appeals for the District of Columbia ruled 2-1 that the IRS went too far in extending subsidies to those who buy insurance through that website.
Those who are defending the healthcare law have commented that this ruling will be reversed by the full U.S. Circuit Court of Appeals for the District of Columbia. Obama administration officials confirmed Tuesday that they plan to appeal.
More From LATF USA
California Senator Dianne Feinstein Dies At Age 90
Beloved “Harry Potter” Star Michael Gambon Dies At Age 82
Watch Jodie Foster in “True Detective” Teaser
“NCIS” Star David McCallum Dead at 90: “A Scholar and a Gentleman”
Meet Daytime Beauty Awards Rescue Dogs from Helen Woodward Animal Center
My Magic Carpet Is Stylish and Machine Washable
After 146 Days of Striking Writer’s Reach Tentative Agreement
Watch Sofia Vergara Transform Into “GRISELDA”
Sundance Film Festival Unveils 2024 Official Logo
Watch Nicolas Cage in “Butcher’s Crossing” Trailer
“The Simpsons” Return for 34th Season
LA Lakers Sign Jarred Vanderbilt
RANDOM COMMENTARY
What Is A Hurriquake?
This State Has The Most Credit Card Debt
Obesity Is An Epidemic, Not A Celebration
What Is Meta’s New Threads App?