Thursday, June 28, 2012

Breaking News ... Supreme Court Upholds ObamaCare

We'll have some analysis later on the Court's ruling, but here's the main idea. The Affordable Care Act was upheld by the Court.

The Supreme Court decided the individual mandate was constitutional pursuant to the government's taxing power. Apparently it ducked the issue of whether the law was unconstitutional under the commerce clause. The rest of the law apparently was upheld as well.

At the time the law was being legislated and thereafter, both the President and the Democratic Congress stressed that the individual mandate was not a tax. The Court, however, ruled that it was.

This should all make for an even more interesting presidential campaign this year.
In any event, this will do nothing about lowering our health care costs or providing individuals more choice.

Of course, Medicare is also unaffected, and that's the biggest elephant in the room.

If We the People don't like the mandate or other parts of the law, it's up to us to get it changed through legislation. That seems fair to me.

We'll discuss this in a broader context as more details become available.

Thanks. Bob.

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