Obamacare Ruling

From BBC:
"US court deals setback to Obamacare"

A US appeals court has thrown out a federal regulation implementing key subsidies of President Barack Obama's signature healthcare law. The ruling deals a setback to so-called Obamacare, potentially affecting the subsidies benefiting many low and middle-income people. A three-judge panel found in favour of plaintiffs who sued over tax credits for people buying health insurance.

The law has been under siege by opponents since it was passed in 2010. The US Court of Appeals for the District of Columbia ruled on Halbig v Burwell on Tuesday, one of four lawsuits currently challenging the legality of Internal Revenue Service (IRS)-funded subsidies under the Patient Protection and Affordable Care Act. The court - considered the second highest in the nation behind the US Supreme Court - returned the case to a lower court with instructions to rule in favour to plaintiffs who had fought against the subsidies being offered in 36 states. The IRS is said to have dispensed billions of dollars in taxpayer subsidies through federal healthcare exchanges, or marketplaces. Plaintiffs in the lawsuit argued they were injured by the IRS actions because it triggered additional taxes for employers. The subsidies, or tax credits, have been made available to Americans with annual incomes up to 400% the federal poverty level. That works out to $94k (£55k) for a family of four.

^ Slowly, but surly these stupid law is being dismantled. As I have always stated I am for providing healthcare for all Americans, but not for the Government forcing everyone to buy it themselves. The majority of countries that have universal healthcare are funded mostly by the government. ^

http://www.bbc.com/news/world-us-canada-28427075