It has not been a good week for Obamacare. Another court ruled that the bill was unconstitutional, while it took a party‐line vote in the U.S. Senate to avoid a legislative repeal. Meanwhile, chipping away at the legislation began, with the Senate voting to repeal one of the bill’s most unpopular provisions, a requirement that businesses file 1099 tax forms on even small purchases. Supporters of the bill are bailing as fast as they can, but the ship is sinking rapidly.
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