Republicans Challenge Obamacare Subsidies

Wednesday, 31 Jul 2013 03:26 PM

By Lisa Barron

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
GOP investigators are questioning the legality of the Obama administration's extension of subsidies for state-based health insurance exchanges run by the federal government under the Affordable Care Act.

Rep. James Lankford of Oklahoma, chairman of a health subcommittee of the Committee on Oversight and Government Reform, said on Wednesday that the funds are intended only for exchanges set up by the states, reports The Washington Times.

House Oversight Chairman Rep. Darrell Issa, R-Calif., a staunch critic of Obamacare, has argued that the administration did not plan for more than half of the states defaulting to a federally-run exchange, where consumers can buy private coverage with the help of tax credits paid in advance.

The Treasury, however, says it interpreted the law in regard to its overall purpose, and deputy assistant Treasury secretary for tax policy, Emily McMahon, is due to present the administration's view to the House panel on Wednesday.

Meanwhile, conservative groups ranging from Heritage Action, the Club for Growth and FreedomWorks are reportedly among dozens of signatories to a letter addressed to House Speaker John Boehner, R-Ohio, and Majority Leader Eric Cantor, R-Va., pushing to defund Obamacare under a larger federal budget bill to be debated in the fall.




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Secret Service Director Resigns Following Security Breaches

Wednesday, 01 Oct 2014 15:32 PM

Embattled Secret Service Director Julia Pierson, the first woman to lead the agency in charge of protecting the presiden . . .

US Ebola Patient's Sister: Brother Told Hospital He Had Been to Liberia

Wednesday, 01 Oct 2014 13:17 PM

The first patient to be diagnosed with Ebola in a U.S. hospitalwas evaluated initially and turned away, a critical misse . . .

Rep. Trey Gowdy: WH Should Pay Attention to Rep. Cummings on Secret Service

Wednesday, 01 Oct 2014 12:58 PM

The White House should pay attention when someone like Maryland Democratic Rep. Elijah Cummings calls for change in the  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved