Arguments On Obamacare Conclude, SCOTUS Decision Due By Late June
by Tyler Durden
The deliberations on Obamacare have ended. The next catalyst will be late June, when the Supreme Court is expected to rule on whether Obamacare is constitutional or not. If overturned, expect lots of fingerpointing, and even more allegations that it is all Bush’s fault, especially if the vote goes down according to party lines.
The U.S. Supreme Court on Wednesday ended more than six hours of oral arguments over three days about whether President Barack Obama’s signature healthcare law would survive constitutional scrutiny, setting up to deliver a ruling on its fate by late June.
Over the past three days, the nine-member court delved into whether Congress exceeded its authority by requiring most Americans to obtain health insurance by 2014 or face a penalty, along with whether the entire wide-ranging law must be struck down if they found that critical provision to be invalid.