The Supreme Court has ruled that Congress can require people to either have health insurance or pay a tax if they don’t. The political fate of the Affordable Care Act remains to be seen, of course, but at least we know it is constitutional.
Our favorite mother and tax expert thinks it's a tad ironic that the authors of the health care legislation worked so hard to avoid the term “tax,” yet taxing is one of the most appropriate things the government can do, and ultimately saved the act.
Initially, CNN and Fox thought the Supreme Court had struck down the individual mandate. The mix-up paved the way for a clever computer manipulation that created an instant meme.
The Supreme Court can't let the public's already shaky opinion of it get any worse. If Obamacare isn't upheld, it's further evidence that the court decides according to partisan politics, rather than legal principle.
Most experts think that the Supreme Court will strike down the individual mandate portion of Obamacare, leaving the rest of the law intact. But if that happens, insurance companies will claim they can't insure pre-existing conditions. Is there a compromise?