I don’t understand how he can do this. For the same exact reason he quoted for the Dreamer act, he has no authority. Obamacare is a law passed by Congress. He has no authority under the constitution to invalidate any law in part or it’s entirety. Just like Obama couldn’t override immigration law. The key difference is that Obama extended the waiting period where Trump is flat out invalidating the subsidy part of the law. And if he can do that, why not invalidate the universal mandate tax? He only had time for one signature before golf?
@Livingwell What he did, is cut off the money that's being used to pay the insurance companies, so they can cover those who cannot afford it.
This means that the ACA is still there. Only Congress can repeal it, but those receiving insurance coverage at low rates, will have to pay the same rates as everyone else. What will happen, is they will stop paying for insurance, and the IRS will come after them for the minimum due.
It's a colossal mess and he knows it. So, if he can't get his way, he will make sure it all goes down in flames. What he did makes no sense in so many ways, and what I'm describing here is just the tip of the iceberg.
His base will be impacted the most, and sooner or later, they will realize it.
@Northwest But the law mandates the gov’t provide the funds to pay the subsidies. Again, he has no legal authority to change a law. I think both side should be thrown away for letting us get here in the first place. The insurance companies were raising rates 15-20% annually long before Obama.
The insurance companies were raising rates 15-20% annually long before Obama.
Yes, and even far, far more, when it comes to collective plans, where one person or more, got hit with a serious illness. I was in one, and the insurance company jacked up the rate by 900% after one person got cancer. Not to mention sky high rates to cover existing conditions.
It get a bit murky when it comes to subsidies, because it's not clear Congress approved everything. Our state (WA) is suing, and Bon Ferguson, our AG, thinks he's got a shot at it (just finished listening to his interview on NPR a few minutes ago).
