The latest on the border crisis and whether Congress will get a bill thru before their upcoming month long August recess.
The Court said the four words in the law that mean what they say are: "established by the state":
If you bought insurance from an exchange NOT established by the state, then you aren't entitled to a federal subsidy.
36 states refused to set up state exchanges. However the IRS made a ruling that every exchange can offer a subsidy...Not just those "established by the state"
4.6 M Americans receive subsidies. Two of largest states That dole out OBamaCare subsidies are FL and TX. The Average subsidy is $269 per month going to OBamaCare recipients who signed up for insurance to help pay their premium. The obvious assumption is that Without the subsidy from the Feds people wouldn't have signed up. Health care would be too expensive, so they would have just paid the fine for not having insurance which is set at $95 first yr.
Elizabeth Letchworth has the details, the back story and her predictions.
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