Economics
Health Law’s Demise May Permit Better Plan: Laurence Kotlikoff
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U.S. District Judge Henry Hudson’s ruling that forcing people to buy health insurance (or pay a fine) is unconstitutional may be the death knell for President Barack Obama’s plan to cover the nation’s uninsured.
Talk about literal interpretation of the Constitution. Had the health-care law used different words and levied a tax (equal to the fine) on all Americans and provided a tax credit (equal to the fine) for those with health-care coverage, nothing of substance would have changed, and the judge would have had no objection.