Supreme Court moves to the heart of President Barack Obama's healthcare law
Published by Julia Volkovah under FINANCIAL EVENTS, SOCIETY'S COLLAPSE on 5:18 AM
(Reuters) - The Supreme Court confronts the core of President Barack Obama's healthcare law on Tuesday when it hears arguments on whether Congress had the power to require most people in the United States to buy medical insurance.
The two-hour session on the second day of a historic three-day oral argument will offer a first concrete look at how the nine justices view the law Obama signed two years ago and that still divides his Democrats and rival Republicans.
No past rulings are completely on point and speculation has been rampant about how the ideologically divided justices will decide the limits of congressional power to address society's most intractable problems. Not since 1936 has the Supreme Court struck down a major piece of federal economic legislation as exceeding Congress' power.
A ruling, expected in late June before the Democratic and Republican party conventions, is likely to become a flashpoint in the November 6 presidential and congressional elections. Read More
The two-hour session on the second day of a historic three-day oral argument will offer a first concrete look at how the nine justices view the law Obama signed two years ago and that still divides his Democrats and rival Republicans.
No past rulings are completely on point and speculation has been rampant about how the ideologically divided justices will decide the limits of congressional power to address society's most intractable problems. Not since 1936 has the Supreme Court struck down a major piece of federal economic legislation as exceeding Congress' power.
A ruling, expected in late June before the Democratic and Republican party conventions, is likely to become a flashpoint in the November 6 presidential and congressional elections. Read More