Friday, July 25, 2014

State Exchanges vs Subsidies

While we wait for the Halbig/King decisions to be resolved, and noting that they may not be as big a deal as so many folks believe,  here's video proof that it was no "drafting error" [ed: skip to just past the 31 minute mark for the money quote]:



 

In case you can't make it out, MIT economist Jonathan Gruber - a key player in designing The ObamaTax - clearly says "What’s important to remember politically about this is if you're a state and you don’t set up an exchange, that means your citizens don't get their tax credits."

Oopsies!

[Hat Tip: Reason]
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