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AEDNews - Construction Equipment Industry NewsSupreme Court Upholds Health Care LawOn June 28, the Supreme Court upheld the constitutionality of the Affordable Care Act (ACA), President Obama’s signature domestic achievement. In a 5-4 decision, the Court ruled that, while the federal government’s interstate commerce authority does not justify the individual mandate, its ability to tax does. The Court’s ruling does not, however, mean the search for better health care policy is over.  “Today’s Supreme Court health care ruling runs contrary to the interests of many of our members and their employees,” said AED President and CEO Toby Mack in a media statement shortly after the decision.“Just because the Court has ruled the law constitutional, it doesn’t mean it’s the best policy solution. AED has long sought real health care reform that will help equipment distributors and other industry employers provide quality insurance at a reasonable cost. We look forward to working with Congress and the president to genuinely improve our nation’s health care delivery system and address the concerns that so many Americans have about the new law,” Mack said. The House GOP leadership has scheduled a vote on a bill to repeal the law for July 11; however, the legislation will be dead on arrival in the Democratic-controlled Senate. Stay tuned as the congressional response to the health care decision continues to unfold in the weeks ahead. Article Date: 2012-07-02 Source: Associated Equipment Distributors Copyright(C) 2012 Associated Equipment Distributors. All Rights Reserved. | ||||||
