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Unless COVID-19 hastens a severe disruption in our economy such as a multi-year recession, depression, or runway inflation, U.S. health care will be largely socialized by 2030.
Here's why.
The 2021 Supreme Court head fake
On March 2, 2020, the United States Supreme Court agreed to hear another legal challenge to the Patient Protection and Affordable Care Act (ACA). The case is Texas v. Azar, a lawsuit challenging the constitutionality of the ACA's individual mandate.
As the third time the Supreme Court decided to hear an ACA case, this generated a multitude of stories over the first few days of March. The case revolves around the legality of the ACA now that penalties (taxes) for violations of the individual mandate have been reduced to $0 under federal law. Texas and nearly half of all states argue that because the Supreme Court previously held that the individual mandate is integral to the function of the ACA, its nullification in December 2017 under the Tax Cuts and Jobs Act necessitates the collapse of the entire law.
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