Within the next month or so, the U.S. Supreme Court will make a decision regarding the King v. Burwell case that addresses the Obamacare federal exchange subsidies. If the high court rules that the subsidies are illegal, it could have a major effect on our economy right here in the state of North Carolina and in the Piedmont Triad.
Why? Because such a decision would also invalidate Obamacare's employer mandate and the individual mandate in the state of North Carolina. These onerous, costly mandates have collectively been a huge albatross weighing down free enterprise and entrepreneurialism. If that burden is lifted, we might see a nice recovery here in our state.
The potential benefits of such a Supreme Court decision in North Carolina are very important for us to discuss right now. Why? We would likely see a torrent of coverage and commentary from the state's media/left complex pressuring Raleigh Republicans to establish a state-based Obamacare exchange. But they must not do it!
Yes, some big-government Republicans like Pat McCrory and Tim Moore might seem inclined to do precisely the wrong thing, and advocate for the establishment of a state-based exchange. In that event, let's hope Phil Berger Sr. and the North Carolina Senate repel any inclinations McCrory and/or Moore might have, and act as a firewall.
Meanwhile, Republicans in Washington, D.C. have been falling all over themselves trying to insulate themselves from any political fallout associated with such a Supreme Court decision. They are trying to devise various redistributionist schemes to replace the federal exchange subsidies. The fact that such measures might violate the constitutional order simply doesn't seem to matter to them.
Keep your eyes on establishment Republicans from within our state like Richard Burr, Thom Tillis, Renee Ellmers and Virginia Foxx. Watch closely what they do. In fact, Burr has already released his own plan to save a good portion of Obamacare.
Of course, this entire discussion might be academic. The prospect of the Supreme Court overturning the federal exchange subsidies depends upon the Republican-majority court acting with integrity, and doing what is right. Court observers are simply not sure what John Roberts and Anthony Kennedy are going to do. The four democratic socialist justices, of course, will likely vote solid in favor of the subsidies-- regardless of the actual text of the law, and regardless of the evidence.
The political left and their accomplices in the media have been attempting to spin the issue by suggesting that it was the intent of Congress to allow subsidies for those purchasing insurance on the federal exchanges. But Michael Cannon refutes those arguments with aplomb. It is important for everyone to understand that the media/left perspective is dead wrong on this issue.
In any case, we need to be prepared in the event that the Supreme Court surprises us, and rules correctly. Let's begin a discussion with our state and federal legislators urging them not to resuscitate this turkey. In the event the Supreme Court delivers a victory, let's not squander it.