U.S. Supreme Court rejects Republican challenge to Obamacare law

U.S. Supreme Court rejects Republican challenge to Obamacare law

2/2 © Reuters. FILE PHOTO: U.S. President-elect Joe Biden talks about protecting the Affordable Care Act (ACA) as he speaks to reporters with Vice President-elect Kamala Harris at this side about their “plan to expand affordable health care” during an appearance in Wilm 2/2

By Lawrence Hurley

WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday rejected a Republican bid that had been backed by former President Donald Trump’s administration to invalidate the Obamacare healthcare law, ruling that Texas and other challengers had no legal standing to file their lawsuit.

The 7-2 ruling authored by liberal Justice Stephen Breyer did not decide broader legal questions raised in the case about whether a key provision in the law, which is formally called the Affordable Care Act, was unconstitutional and, if so, whether the rest of the statute should be struck down.

The provision, called the “individual mandate,” required Americans to obtain health insurance or pay a financial penalty.

It marked the third time the court has preserved Obamacare since its 2010 enactment.

President Joe Biden’s administration in February urged the Supreme Court to uphold Obamacare, reversing the position taken by the government under Trump, who left office in January.

The ruling came in a lawsuit by Texas and 17 other Republican-governed states and later joined by Trump’s administration. A coalition of 20 states including Democratic-governed California and New York and the Democratic-controlled House of Representatives intervened in the case to try to preserve Obamacare after Trump refused to defend the law.

The two dissenting justices were conservatives Samuel Alito and Neil Gorsuch.

Republicans fiercely opposed Obamacare when it was proposed, failed to repeal it when they controlled both chambers of Congress and have been unsuccessful in getting courts to invalidate the law, which was Democratic former President Barack Obama’s signature domestic policy achievement. The Trump administration did take steps to hobble the law.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.