President Barack Obama's signature health-care law was dealtanother blow as a federal judge ruled two of its key provisionsviolate the Constitution by spending money that hasn't beenappropriated by Congress.
|The ruling Thursday by U.S. District Judge Rosemary Collyer inWashington was a victory for the Republican-led House ofRepresentatives, which claimed the law illegally directs publicmoney to tax credits that make insurance premiums more affordable,and to reductions in deductibles and other “cost sharing” methodsused by insurers. Collyer put her ruling on hold pending anappeal.
|The legislators said the disbursements will total $175 billionover a decade and weren't approved by Congress.
|The White House's Office of Management and Budgetand Department of Health and Human Services Secretary SylviaMathews Burwell were wrongfully spending money before Congress hadapproved it, the judge said. She called their defense in the case“unpersuasive.”
|“The secretaries ignore their own actions and focus instead oncongressional inaction,” Collyer said. “It strains credulity tosuggest that OMB or HHS submitted a multibillion-dollar budgetrequest without analyzing the relevant statutes.”
|Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
