What Happens When You Read The Small Print

To me, the article I am about to report on represents the grasping of straws, but it is an interesting thought.

Yesterday the Washington Post posted an article about a possible vulnerability in the Patient Protection and Affordable Care Act (Obamacare).

The article reports:

Case Western Reserve University’s Jonathan Adler and Cato Institute’s Michael Cannon argue in a new paper that any federally-established health insurance exchange does not have the authority to dole out health insurance subsidies. Those subsidies are important: They are the $800 billion in tax credits meant to subsidize coverage for low- and middle-income Americans.

If that is true — and it’s worth noting that the Obama administration, along with a number of legal scholars, argue that it is not — it would significantly curtail the Affordable Care Act’s ability to do what it’s supposed to do:  make health care affordable. And that puts Section 1401 at the center of a burgeoning debate over what Congress meant when it wrote the Affordable Care Act, and how that effects its ultimate implementation.

Whoops! I think the only viable answer to Obamacare is repeal and replace, but this is definitely an interesting twist in the saga of this legislation.

Please follow the link above to read the entire article. I have no idea if this is a viable argument, but it does show how hurriedly and carelessly this law was written.