President Obama’s health care law survived the Supreme Court because the judges declared the individual mandate a “tax,” but the White House reacted to the ruling by touting the “tax credits” in Obamacare.
Obamacare “gives tax credits to small business owners so they can afford to offer quality health care for employees,” the White House says, adding that it also “gives hard-working Americans tax credits so they can afford insurance beginning in 2014.” Those tax credit points come towards the bottom of a list of 15 bullet points about the Supreme Court’s ruling.
The White House fails to mention the 21 tax increases, totaling about$700 billion, in the law. “Of those, 12 tax hikes would affect families earning less than $250,000 per year, the panel said, including a ‘Cadillac tax’ on high-cost insurance plans, a tax on insurance providers, and an excise tax on medical device manufacturers,” The Washington Times noted today.
Instead, the White House focused on arguing that Obamacare “protects every American from the worst insurance company abuses.”