Supreme Court: Obamacare Survives as a Tax

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10:13 AM, Jun 28, 2012 • By DANIEL HALPER

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The Supreme Court has reached a decision on the Obamacare law. "The individual mandate survives as a tax," SCOTUSblog reports. "So the mandate is constitutional. Chief Justice Roberts joins the left of the Court. The Medicaid provision is limited but not invalidated."

The bottom line: the entire ACA is upheld, with the exception that the federal government's power to terminate states' Medicaid funds is narrowly read.

ACA is the official name of the Affordable Care Act, or Obamacare.