Congress made a serious drafting error in the health-overhaul law when it said that subsidies could be delivered through state exchanges but not through any federal fallback exchanges. (Michael Cannon of the Cato Institute wrote about this in the Wall Street Journal recently.) The Obama administration has been trying an end-run around the problem by ordering the IRS to simply say in its proposed … [Read more...] about Obamacare’s Fatal Flaws
Archives for December 2011
CLASS Act: Not Dead Yet
The House Energy and Commerce Committee has approved a bill to repeal the controversial long-term entitlement program — the CLASS Act — in Obamacare, following the administration’s admission that the Ponzi scheme program is unworkable. This vote paves the way for the full House of Representatives to vote on repealing the entitlement program. “We must erase a program that we know will not work; … [Read more...] about CLASS Act: Not Dead Yet
ObamaCare Takes On More Water
How much of this can ObamaCare withstand before it sinks on its own? SICKER EMPLOYEES COULD BE SHOVED OUT Two University of Minnesota law professors write that ObamaCare actually provides incentives for “targeted employer dumping” of sicker workers into taxpayer-subsidized health exchanges. The article, “Will employers undermine health care reform by dumping sick employees?” by Amy Monahan and … [Read more...] about ObamaCare Takes On More Water