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FBN’s Rich Edson on the Supreme Court’s decision to largely uphold the Patient Protection and Affordable Care Act.
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-- -- on the markets from the exchange but -- you go first here from the court.
Right 54 decision Connell upholds almost all of the president's health care law a narrows a bit.
Of the Medicaid expansion -- walk you through the key points here chief Justice Roberts.
Writing the opinion going with the more liberal wing of the Supreme Court the -- conservative justices dissenting here it is basically comes down of that individual mandate.
That provision that requires almost everyone to have health insurance by 24 team.
It's constitutional because it is a tax because indeed it is estimated at four million people each year.
We'll choose to pay the IRS rather to buy insurance this is Chief Justice roberts' decision.
The Congressional Budget Office basically sites those numbers he said we would expect congress to be troubled by that prospect that the conduct were unlawful.
That congress apparently regards such extensive failure to comply with the mandate.
As tolerable suggests that congress did not think it was creating four million outlaws it suggests instead that the shared responsibility payments.
Merely imposes a tax citizens may lawfully choose to pay in lieu of buying health insurance now under this law there's an expansion of Medicaid.
Medicaid is a program the cost -- shared.
By the states along with the federal government and what the court says here essentially is that this expansion at least the threat of taking all Medicaid funding away.
If the states don't comply with this law is unconstitutional in this case the financial inducement.
Congress is chosen is much more than a relatively mild encouragement rights Roberts it is a gun it today -- -- he narrows medicated that.
In the descent and this is by justices Scalia Kennedy Thomas and Alito.
They argue the whole thing is unconstitutional by saying the mere fact that we all consume food.
And -- thus sooner or later forced.
To consume food are in -- market does not empower the government to say when and what we will buy it exceeds.
Federal power constitutional almost all the way through Connell well explained rich ads in there at the Supreme Court we've just found out that President Obama -- his reaction.
How live from the east room of the White House in a little over now.
