house health policy advisor and the chief architect of the affordable care act. and civil rights attorney david henderson. pete, we will start with obama care. let s hit on a key piece of this majority opinion. here is a quick expert exempt from justice breyer who wrote we begin with the two individual plaintiffs, the problem lies in the fact that the statutory provision, while it tells them to obtain coverage, has no means of enforcement. with the penalty, that is the mandate penalty zero out, the irs can no longer seek a penalty for not one who fails to comply. so pete, talk us through this decision. of course the landmark case we have been waiting for. is a big decision for obamacare. i am not sure i would call it a landmark. only because the court took a pass on answering the fundamental question at the center of the case. which is was the individual mandate as it now stands unconstitutional. what the court says is come interesting question but you
chief justice robert saying it was constitutional. in 2017 a republican tax bill repealed the mandate penalty. the president and republicans tried to chip away at the law even though as right now, there isn t a viable replacement. in those spending bills, president trump signed last week, there was the repeal of three obamacare taxes. the cadillac tax on high cost employer based plan and manuel fee on health insurance providers. the white house calling it a win as president trump has repeatedly called the individual mandate the worst part of the law. 2020 democrats are submit on split on what the future of obamacare should be. reporter: former vice president biden who was there when president obama signed this, he has defended law.
unconstitutional because congress eliminated the mandate penalty. since the individual mandate was upheld as a tax, the judge ruled no tax, no law. the decision has jeopardized coverage for millions on the exchange and medicaid. it threatens to eliminate popular protections like those with pre-existing conditions. breaking news. an american citizen detained in moscow for allegedly spying. according to the domestic security service. a man identified as paul wiehland was detained f for espionage. the case has been opened against him. we will keep you posted on the story as new details are posted. an intern mauled by a lion at the north carolina zoo. how that happened and what the
remain in effect while a ruling that found it unconstitutional is being appealed. the texas federal judge who ruled that obamacare is unconstitutional because congress eliminated the mandate penalty. since the individual mandate was upheld as a tax, the judge ruled no tax, no law. the decision has jeopardized coverage for millions on the exchange and medicaid. it threatens to eliminate popular protections like those with pre-existing conditions. we have a full day of trading ahead on wall street. looking at futures. they are up. investors will try to close out the year on a high note. 2018 was a year of peak earnings and growth. 2019 is expected to be tempered. seven of the last nine years, the s&p has boasted double digit returns. investors are now facing the worst stock market returns in a decade. the stock market is called a leading indicator although the economy is strong and banks are
ruled that obamacare is unconstitutional because congress eliminated the mandate penalty. since the individual mandate was upheld as a tax, the judge ruled no tax, no law. the decision has jeopardized coverage for millions on the exchange and medicaid. it threatens to eliminate popular protections like those with pre-existing conditions. we have a full day of trading ahead on wall street. the view among investors? 2018 was earnings and growth and 2019 will be tempered. the s&p has boasted double digit returns. last year, the s&p returned 22%. now investors facing the worst stock market returns in a decade. the stock market is called a leading indicator although the economy is strong and banks are healthy. the market is reflecting what is