06.25.15

Leahy Comments On Supreme Court's Decision On Obamacare (ACA)

[The Supreme Court, in a 6-3 decision Thursday, upheld the regulation issued by the Treasury Department and the Internal Revenue Service through which tax credits are made available for purchasers of health insurance through the federal exchange established under the Affordable Care Act (ACA).  The Fourth Circuit U.S. Court of Appeals had previously upheld the agencies’ interpretation regarding tax credits, and the Supreme Court agreed that the ACA allows tax credits for purchasers of health insurance through the federal exchange.] 

“Today’s decision is a stark reminder of the power the Supreme Court’s justices wield over Americans’ everyday lives.  It matters greatly who serves on our Nation’s highest court.  I have long said that Supreme Court justices must be able to grasp the impact of their decisions on the lives of hardworking Americans.  I am relieved that this decision supports all Americans, and especially Vermonters who will continue to have access to health insurance under this law.

“The decision is a win for all Americans who can continue to access vital health insurance through the Affordable Care Act regardless of the State in which they live.  For the American people, for state governments, and for federal agencies and policymakers, it dispels the cloud of uncertainty about Americans’ access to health insurance.  The Court affirmed what has always been true – that the tax credits are integral to the entire framework of the Affordable Care Act.  In his majority opinion, Chief Justice Roberts made it clear that these credits are essential to prevent ‘the type of calamitous result that Congress plainly meant to avoid.’”

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