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Obamacare is Illegal

July 12, 2013 By Richard C. Young

The president has failed to uphold his duties under the Constitution. Cato Institute’s Michael Cannon unfolds his reasoning on the illegality of delaying the Obamacare employer mandate. I view Mr. Cannon as America’s number one authority on Obamacare.

Last week, when most Americans were starting their Fourth of July holiday, the Obama administration announced it will wait until 2015 to implement Obamacare’s penalties against employers who fail to offer “affordable” and “minimum value” coverage to their workers, rather than impose this “employer mandate” in 2014, as the statute requires. The administration’s stated rationale is that, despite nearly four years of lead time, it still won’t have the capacity to collect from employers the information required to determine which employers will be subject to penalties in 2014. As a result, the administration also announced it would not require employers to report that information until 2015, though (again) the statute requires employers to furnish that information in 2014.

Read more here.

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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.
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