Federal Court Delivers A Major Blow To Obamacare Subsidies

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Obamacare-doctors-548x550But this time, it will be Obamacare which will get the hurt!!!

Now that we’ve read it and know whats in it -…

In breaking news, dealing a major blow to Obamacare, a powerful federal court, the DC Federal Appeals Court, has issued a ruling striking down an IRS rule concerning Obamacare subsidies and invalidating a major portion of the subsidies paid out to Obamacare enrollees in 36 states where they did not set up their own state exchanges.

In the case, the plaintiff claimed the Obama administration – in particular, the Internal Revenue Service — is breaking the law by offering tax subsidies in all 50 states to offset the cost of health insurance which is not what the Affordable Care Act permits.

Thanks to Fox News, you can read more here:  https://www.foxnews.com/politics/2014/07/22/federal-appeals-court-invalidates-some-obamacare-subsidies-in-blow-to-health/

 

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Rick Stambaugh
After serving in the United States Navy for 22 years I retired from the service late in 1991. Having always loved the southwest, shortly after retiring, I moved to the Albuquerque area where I have resided since. Initially I worked as a contractor for approximately 6 years doing cable construction work. That becoming a little dangerous, at an elevated age, I moved into the retail store management environment managing convenience stores for roughly 16 years. With several disabilities, I am now fully retired and am getting more involved with helping Pastor Dewey & Pastor Paul with their operations at FGGAM which pleases my heart greatly as it truly is - "For God's Glory Alone". I met my precious wife Sandy here in Albuquerque and we have been extremely happily married for 18 years and I am the very proud father to Sandy's wonderful children, Tiana, our daughter, Ryan & Ross, our two sons, and proud grandparents to 5 wonderful grandchildren. We attend Christ Full Deliverance Ministries in Rio Rancho which is lead by Pastor's Marty & Paulette Cooper along with Elder Mable Lopez as regular members. Most of my time is now spent split between my family, my church & helping the Pastors by writing here on the FGGAM website and doing everything I can to support this fantastic ministry in the service of our Lord. Praise to GOD & GOD Bless to ALL! UPDATED 2021: Rick and Sandy moved to Florida a few years ago. We adore them and we pray for Rick as he misses Sandy so very, very much!

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