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Wilkow!:' House GOP Moving to Repeal ObamaCare Tax on States Without Health Insurance Exchanges
November 08, 2012
House Republicans have taken on a new strategy in their fight to derail ObamaCare, using an expedited legislative procedure to upend targeted parts of the law. Roll Call reports that Republican Reps. Darrell Issa and Scott DesJarlais will back a resolution to nullify the upcoming IRS rule authorizing the distribution of subsidies through tax credits in every state as an incentive to get most Americans to buy insurance. Michael Cannon of the Cato Institute writes that the rule "unlawfully taxes employers and individuals" in the over 30 states that have not yet created their own health insurance exchanges as part of the 2010 law.
Republican leaders are preparing to launch the effort to repeal he rule during the post-election session that begins Nov. 13. Cannon joined "Wilkow!" Thursday to discuss the IRS rule in question, and Republicans' plan to repeal it as a path to derail ObamaCare:
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