WNDÂ© 2011 No one knows what the outcome will be, but it was certainly welcome news when we learned recently that the U.S. Supreme Court will rule next summer on the constitutionality of Obamacare.
And while it is not the court's job to rule on the merits of the legislation itself â€“ only on the considerable constitutional issues the misguided law presents â€“ the court will nevertheless do the nation an enormous favor, in terms of policy as well as liberty, by tossing out this abysmal piece of legislation.
The consequences of Obamacare are already afflicting the nation. Since it passed â€“ to the surprise of no one who understands how markets work â€“ the cost of health premiums has risen by 9 percent. Hundreds of companies have sought and received waivers, which are being doled out with all the wisdom you would expect when political considerations take front and center.
Many other employers will simply wait until the right time to end health benefits entirely and push them off on the federal government. The so-called health exchanges mandated by the law will add an enormous new budgetary burden to states, which explains why 26 state attorneys general have already joined in lawsuits challenging the constitutionality of the law.
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