[Congressional Record Volume 160, Number 115 (Tuesday, July 22, 2014)]
[House]
[Page H6587]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS SHOULD REPEAL OBAMACARE
(Mr. BURGESS asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. BURGESS. Mr. Speaker, breaking news. This morning the United
States Court of Appeals for the D.C. Circuit upheld a challenge to the
ObamaCare health insurance subsidies being granted in Federal
exchanges.
So what does this mean?
The Affordable Care Act was written so that tax subsidies for
insurance premiums were only allowed in State-based exchanges. But so
far, 14 of the 50 States have set up State-based exchanges. Many
others, including Texas, are in Federal fallback exchanges.
Today's ruling said that these States are getting subsidies
illegally. This means that 7\1/2\ million people could potentially owe
the Federal Government thousands of dollars that they would have to pay
back.
Mr. Speaker, this law was a disaster from the start. It was a rough
draft written in a Senate committee, came over here and was
rubberstamped by the House, and then it went to rulemaking at the
Federal agency.
So is it really any surprise that it is being dialed back by the
courts?
Between this and the Hobby Lobby decision 2 weeks ago, it is clear
that the drafting was all wrong, and 7\1/2\ million people are now
paying the consequences.
____________________