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U.S. judge upholds subsidies pivotal to Obamacare

Started by riky, January 16, 2014, 09:00:27 AM

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riky

U.S. judge upholds subsidies pivotal to Obamacare

<p><a href="http://news.yahoo.com/u-judge-rejects-challenge-obamacare-insurance-subsidies-175728247.html"><img src="http://l3.yimg.com/bt/api/res/1.2/5Dx3pqNnoh2TYgkHrRsOFg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-01-15T205630Z_3_CBREA0E1DVW00_RTROPTP_2_USA-COURT.JPG" width="130" height="86" alt="A general view of the U.S. Supreme Court in Washington" align="left" title="A general view of the U.S. Supreme Court in Washington" border="0" /></a>By David Ingram WASHINGTON (Reuters) - A judge on Wednesday upheld subsidies at the heart of President Barack Obama's healthcare overhaul, rejecting one of the main legal challenges to the policy by conservatives opposed to an expansion of the federal government. A ruling in favor of a lawsuit brought by individuals and businesses in Texas, Kansas, Missouri, Tennessee, West Virginia and Virginia would have crippled the implementation of the law by making health insurance unaffordable for many people. In his ruling, U.S. District Judge Paul Friedman in Washington D.C. wrote that Congress clearly intended to make the subsidies available nationwide under the 2010 Patient Protection and Affordable Care Act. In 2012 the U.S. Supreme Court upheld a requirement of the law, commonly called Obamacare, that most Americans buy health insurance or pay a tax penalty.</p><br clear="all"/>

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