by Wendy McElroy, The Daily Bell:
The US Constitution is clear. Legislation must be approved by the House of Representatives, the Senate and the president before it becomes law. With very limited exceptions, revenue bills must originate in the House of Representatives.
The Obama administration is using statute law to shred those constitutional provisions. Sections 3403 and 10320 of the 2,500+-page Patient Protection and Affordable Care Act of 2010 (Obamacare or PPACA) created the Independent Advisory Board (IPAB). Or, rather, the IPAB has been mandated but is yet to be assembled. The IPAB is a 15-member panel of ‘experts’ who will be nominated by the president and subject to Senate confirmation. The IPAB’s stated responsibility is save Medicare money by making legislative proposals to Congress to reduce Medicare spending. The board’s proposals would be triggered whenever Medicare’s per capita growth exceeds the gross domestic product plus 0.05 percent.
Please follow SGT Report on Twitter & help share the message.