Yesterday’s ruling put ObamaCare in legal limbo.
Tuesday, a federal appeals court slapped down the Obama administration in a 2-1 ruling that could kill the president’s signature health care law. If upheld by the Supreme Court, the ruling would force Congress back to the drawing boards to design a health law that is actually affordable, rather than bearing the false title “Affordable Care Act.”
The ruling in Halbig v. Burwell bars the federal government from handing out taxpayer-funded subsidies to people who buy ObamaCare plans in nearly two-thirds of the states. Those subsidies took the sting out of being forced to buy pricey ObamaCare plans. If the ruling sticks, buyers in those states will have to pay full price, on average a whopping four times the subsidized price they paid this year.
Quadrupling the price would likely trigger a mass exodus out of the plans,causing what the insurance industry calls a “death spiral.”
The ruling by the influential appeals court for the District of Columbia also chastised the Obama administration for rewriting the law to suit its own ends.