The Court Rules
President Barack Obama was handed a major victory, when the Supreme Court upheld his health care law. In a five to four vote, it ruled that Obama and Congress acted within power to require most Americans obtain health insurance.
But what effect will this have on you, your family and the upcoming election?
One New Yorkers says, "What's it going to cost me?"
Another chimes in, "The country needs it!"
While reaction to the Supreme Court ruling varies, most of midtown Manhattan, says the landmark decision is good for this country.
"I think it's important that everybody has healthcare, and I don't mind paying a little extra if that keeps everyone safe," says one Manhattan resident.
But how will affordable healthcare act effect you?
If you're a part of the nearly 45-million uninsured Americans, you will be required to get insurance. Or pay a penalty in the form a tax. However, some people will be exempt from that provision.
Good news for those with pre-existing conditions. They can no longer be denied insurance.
"I'm excited because i have a pre-existing condition and it will be advantageous,” says a concerned New Yorker.
This ruling comes a major victory for Democrats and a massive blow to the GOP. But the question is- how will this effect the upcoming elections?
TJ Walker, a political news commentator opines, "This Supreme Court decision could actually hurt Obama in November."
Walker says, while today's decision excited Democrats, it also electrified Republicans to ramp up fund raising efforts.
"This is a plus for the Romney campaign, because it fuels this anger. It fuels this hatred, this bitterness. It's going to galvanize conservative support, the polls and in the pocketbooks, by getting more donations to the Romney campaign," adds Walker.
Republicans are not happy with conservative Chief justice, John Roberts' decision, to join the four most liberal justices and uphold the law.
TJ Walker says, "They can't rely on the conservative court to give them what they want. To get rid of Obama care, is to win at the polls."
The law is expected to go into effect in 2014. But Republican presidential candidate Mitt Romney, has vowed to repeal it , if he wins November's election.
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