Obamacare Stands. Better Get Your Health Insurance!
Proving once again thatyou’rebest served ignoring any predictions wemake here on DoubleTaxation, the Supreme Court defied expectations today and voted by a 5-4 margin to uphold the individual insurance mandate in the Patient Protection and Affordable Care Act as constitutional. Conservative Chief Justice John Roberts voted in support of the mandate, joining the four liberal justices to provide the needed majority.
As far as whether everything in the Act stands, we’ll have to parse through the 193-page decision before we can comment on that. Should make for a fun Thursday night.
