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Supreme Court Will Consider Challenges to Affordable Care Act

November 7, 2014 in Economics

The U.S. Supreme Court has announced that it will consider arguments in King v. Burwell, one of four cases argued before federal courts, that claims that the subsidies and taxes the IRS is implementing in the 36 states with health-insurance Exchanges established by the federal government are illegal. Cato scholar Michael F. Cannon applauds the court’s decision: “Since January, the Obama administration has been spending billions of unauthorized federal dollars, and subjecting nearly 60 million Americans to unauthorized taxes, all to hide the full cost of the Patient Protection and Affordable Care Act, or ObamaCare. The administration’s actions have not only violated the law and caused massive economic disruption, they have also subverted the democratic process.”

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