The Supreme Court ruled Monday that Congress cheated health insurance companies by reneging on a $12 billion promise made under the Affordable Care Act.
WASHINGTON – The Supreme Court ruled Monday that Congress cheated health insurance companies by reneging on a $12 billion promise made under theThe decision represents the high court's views on Congress' power of the purse: Lawmakers cannot promise funding in legislation and then disavow that pledge.
Associate Justice Samuel Alito dissented, calling it"a massive bailout for insurance companies that took a calculated risk and lost."
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