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Detailed text transcripts for TV channel - FOXNEWS - 20120628:14:14:00

Power under the commerce clause and necessary and proper clause. shannon has more. reporter: as we told you at the top, no under the commerce clause, no under necessary and proper, but yes it appears under the taxing power. this is the key line, the affordable care act s requirement that certain individuals pay a financial penalty for not obtaining health insurance may be reasonably characterized as a tax, because the constitution permits such a tax it is not our role to forbid it or pass upon its wisdom or fairness. that language from the chief justice sounds like no under commerce, no under necessary anr under the tax provision and the power of congress to tax that that particular reading, this survives apparently because of that language, because the constitution permits this kind of tax, not a role to forbid it or pass upon its wisdom or fairness, that is on page 44. bill: how many pages are there? is it several hundred, by the ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120628:13:58:00

Whether the mandate is constitutional or unconstitutional? have they decided whether this thing that the irs is going to assess as a penalty or a tax, and have they decided whether the congress can order the states to expand medicaid? we ll probably know pretty quickly what the answers are to those questions, but the reasons why may take us a little bit of time to digest for you. let me give you a scene setter as we re watching the exterior of the court. the justices are taking their seat at the bench, the chief justice will be in the middle, and then they ll fan out in order of seniority. all of the reporters are in a satellite room. the decisions get boomed out overhead, they hear the justices reading from there, but they get the opinions immediately in that press room. so, but not before the court reads it. so we have to wait. so it ll all happen simultaneously. the justices whoever s written the majority opinion in health care will read an excerpt, and normally whoever s writte ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120628:13:19:00

Sense reforms that work so that people can get the care that they need from a doctor that they choose, not that the government chooses or an insurance company chooses. bill: understood. does congress heed on that, or do you wait for mitt romney knowing there s an election in four months? well, obviously, mitt romney is our presidential candidate. he will take a leadership role. the house is going to move, i believe, to repeal whatever remains standing. bill: senator, thank you for your asylum. john barrasso about to head into the court. thanks, bill. bill: senator, thank you. jamie? jamie: there are lots of scenarios in play today, most important how the decision will effect you, your doctors and your hospitals. dr. marc siegel, part of our a-team, will be here and will the president s promise ring true? if you like your health care plan, you ll be able to keep your health care plan. period. if you like your doctor, you will be able to keep your doctor. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120628:14:30:00

Greta vagreta van susteren on the courts of the supreme court. what is going on around you. a lot of protestors. behind me what happened inside the supreme court is rather significant. a huge win for the obama administration. what is so fascinating, i know we ve been talking about it on air is when the statue was passed no one wanted to go near the word tax with a ten-foot pole, that is a poison word. the democrats were very specific it was not a tax. when it got down to florida, and i was in the courtroom that s when the lawyers got into it and said, woul woe, this is a tax and that is different because that is expansive power on the part of congress as opposed to the commerce clause. the chief justice says, just because they called it something else, the politicians, didn t call it a tax, that s like forbidden, just because they called it something else doesn t mean it isn t a tax. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120628:14:09:00

Under congress power to regulate congress. that means the mandate is gone. we ll take a look and i ll try to get to the rest of it. we are going to get to severability. bill: we talked about the fog of law, and to our viewers at home, be patient with us as we work through this. megyn you re seeing something now. megyn: we are getting conflicting information. as we follow scotus blog.com which covers the high court they say despite what shannon just read that the individual mandate is surviving as a tax. this is not confirmed by us yes, this is according to scotusblog who has the opinion. they had challenged this individual mandate and the government defended it on a couple of grounds, they said they could do it under the commerce clause under article one of the constitution. number two they said we he can do this to individuals, force them to buy insurance or pay a penalty because we have the ability to pass the people. ....

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