Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Only 14 States Set up Exchanges

March 3, 2015 By Richard C. Young

Read here the Cato Institute’s Ilya Shapiro writing on King v. Burwell:

King focuses on the subsidies that help people pay insurance premiums, one ACA pillar the administration has toppled. Because Congress couldn’t constitutionally command states to establish exchanges, it authorized these credits for people who buy insurance “through an exchange established by the State.” If a state didn’t establish an exchange, its residents—who would instead use the federal exchange Healthcare.gov—wouldn’t be eligible for subsidies.

But a funny thing happened on the way to utopia: Only 14 states set up exchanges, meaning that the text of the law denied subsidies in nearly three quarters of the states. This result was untenable to an administration intent on pain- free implementation. And so the administration engaged in its own lawmaking process, issuing an Internal Revenue Service rule that nullified the relevant ACA provision, making subsidies available in all states.

As Mr. Shapiro correctly concludes, “The Supreme Court must strike down the IRS rule.”

Related video:

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Survival States: Sales Taxes
  • Medicaid Breaking States
  • 34 States Will Not Create Obamacare Health Exchanges!
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Richard C. Young (see all)
  • KRISTALLNACHT: How Well Intentioned Gun Registries Become Tools of Evil - May 27, 2022
  • Americans Are Abandoning ESPN and Woke Professional Sports Leagues - May 26, 2022
  • Harvard Professor Calls Homeschooling a “Threat to Society” - May 24, 2022

Dick Young’s Must Reads

  • The Problem in America
  • Making America Great Again Is What America Wants
  • The Fed – “Independent” and “Non Political” – Joins The Resistance
  • Joel Salatin: Meet the Real Mr. America
  • Globalism Has Made America Dependent on Foreign Countries
  • Tucker Carlson Interviews My Favorite Florida Farmer
  • Vermont Abandoned, Dairy Farm Economy Devastated
  • America’s Colleges Have Become Progressive Liberal Rat Holes
  • BEYOND RUSSIA: America Strengthens India Ties to Counter China
  • Government Should Be Small, Laws Unobtrusive, and Men Left Alone

Disclosure

RSS Youngresearch.com

  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
  • China Builds an Anti-Quad Coalition
  • If You Have a Plan, I Believe You’ll Get to Where You Want to Go
  • There Are Tech Companies “Still Dreaming of Boundless Growth”
  • Nowadays, Everyone Is Getting Some Dividend Religion
  • How Can the Fed Prevent Stagflation?
  • How to Avoid the Restrictions of a Target Date Fund
  • Now You Can Own Your Vacation and It Doesn’t Have to Be a Time Share
  • Watch Out for Your Worst Enemy
  • Big Banks Adopting Blockchain for Short-Term Trading

KRISTALLNACHT: How Well Intentioned Gun Registries Become Tools of Evil

Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”

Is America About to Lose Its Investments in Colombia?

POWER MOVE? Did Viktor Orban Just Seize Control of Hungary?

Americans Are Abandoning ESPN and Woke Professional Sports Leagues

If You Have a Plan, I Believe You’ll Get to Where You Want to Go

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives