Obamacare handed out ‘billions in illegal tax credits and subsidies,’ rules judge

Tuesday, October 28, 2014
By Paul Martin

by: J. D. Heyes
NaturalNews.com
Tuesday, October 28, 2014

Another federal court has ruled that taxing and spending provisions at the heart of the Affordable Care Act are illegal, dealing yet another blow to President Obama’s signature piece of legislation.

In a recent ruling, U.S. District Judge Ronald White determined that an Internal Revenue Service rule that changed the Obamacare law and gave out billions in subsidies is “arbitrary, capricious, and abuse of discretion.”

As reported by CNS News, White, in his ruling, said, “The court holds that the IRS rule is arbitrary, capricious, and abuse of discretion or otherwise not in accordance with law, pursuant to 5 U.S.C.706(2)(A), in excess of summary jurisdiction, authority or limitation, or short of statutory right, pursuant to 5 U.S.C. 706(2)(C), or otherwise is an invalidation of the ACA [Affordable Care Act], and is hereby vacated. The court’s order of vacatur is stayed, however, pending resolution of any appeal from this order.”

Beginning in September 2012, Oklahoma became the first of several states that challenged the legality of an IRS rule that enabled the administration to pay out tens of billions of dollars in subsidies to cover health insurance costs, even though Congress, in the Obamacare law, never authorized such payments.

Scott Pruitt, Oklahoma’s attorney general, praised White’s ruling, saying it was a victory for state taxpayers and may lead to a mortal wound for Obamacare.

‘Obama administration created this problem’

The Rest…HERE

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