The supreme court ruling on this will be interesting!
A new paper by businessman and finance expert Scot Vorse throws an evidentiary grenade into the pending Supreme Court Case on Obamacare, King v. Burwell. The new information, published in a white paper from the Competitive Enterprise Institute, “highlight[s] a growing body of evidence indicating government officials originally planned to offer Obamacare tax credits only on state-established insurance exchanges,” according to the accompanying CEI press release.
At issue in King v. Burwell is whether the 2012 IRS rule that provided federal tax subsidies to Obamacare enrollees in the 34 states that have chosen not to open their own exchanges is authorized under the 2010 Patient Protection and Affordable Care Act (Obamacare). The plain language of the law contains no such provision.
The Competitive Enterprise Institute disclosed when it released Vorse’s white paper on Thursday that it has helped fund the plaintiff’s legal expenses in King v. Burwell.
Subsidized premium payments…
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