On Thursday, CNS News reported the following:
…U.S. District Judge Ronald White concluded Tuesday that the IRS rule altering the Obamacare law and providing billions in subsidies is “arbitrary, capricious and abuse of discretion“:
“The court holds that the IRS rule is arbitrary, capricious, and abuse of discretion or otherwise not in accordance with law, pursuant to 5 U.S.C.706(2)(A), in excess of summary jurisdiction, authority or limitation, or short of statutory right, pursuant to 5 U.S.C. 706(2)(C), or otherwise is an invalidation of the ACA [Affordable Care Act], and is hereby vacated. The court’s order of vacatur is stayed, however, pending resolution of any appeal from this order.”
The subsidies were a major part of ObamaCare. I am sure this case will be making its way up to the Supreme Court. Meanwhile, there will be more uncertainty about ObamaCare, and people and businesses will be waiting to see what happens before wanting to spend any extra money they may currently have.
The article concludes:
Oklahoma Sen. Jim Inhofe (R) also praised Judge White’s decision, saying that the Obama Administration is trying to fix a legally-dubious law using waivers and exemptions:
“Today’s decision is a reminder that the President’s broken promises of affordable, accessible health care are the result of broken policy. The Obama Administration has tried to make the law work with waivers and exemptions, but the courts continue to confront the legality of this legislation that was rushed through a Democrat-controlled Congress.”
“While it will undoubtedly take time for Oklahoma’s case to play out in the federal court system, I am confident in Attorney General Scott Pruitt and that our state’s argument will prevail.”
Tuesday’s decision is the latest in a wave of court losses for Obamacare.
Currently, over a hundred lawsuits have been filed against Obamacare – and Obamacare has lost 91% of the cases decided to-date, (71 losses out of 78 decisions), according to the latest tally by The Beckett Fund.
Stay tuned and get out the popcorn.