On the recordJune 24, 2015
across the street from the Senate Chamber is the U.S. Supreme Court. The Court this week has several important cases pending. We are waiting anxiously for decisions, but probably the one that affects as many Americans as any other is a case called King v. Burwell. King is a case that was brought by someone who was objecting to the Affordable Care Act--ObamaCare. They are arguing that the bill we passed in the Senate and the House did not include a subsidy, a tax credit, for those who are under Federal marketplace plans. My State of Illinois is one of those States. In Illinois, there are about 232,000 individuals who receive a tax credit that allows them to pay for their health insurance. Their income levels are such that they need a helping hand, otherwise the health insurance premium would be too expensive. In my State, the average tax credit that goes to these 232,000 is $1,800 a year--not insubstantial--$150 a month. Now, those who brought the lawsuit say that the law does not provide this tax credit. I believe it clearly does. No one during the course of debating this bill ever suggested otherwise. In fact, there were many times when we calculated the impact of this law. We always assumed the tax credit would be there for families, whether their State had its own State insurance exchange or used the Federal exchange, as we do in the State of Illinois.…





