The Madeleine Brand Show for March 26, 2012

Supreme Court hears opening arguments on the Affordable Care Act

Supreme Court Hears Arguments On Constitutionality Of Health Care Law

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People raise their hands in hope of getting a ticket to view oral arguments in the Patient Protection and Affordable Care Act outside the Supreme Court March 26, 2012, in Washington, DC. Today the high court, which has set aside six hours over three days, will hear arguments over the constitutionality of the act.

The first day of the Supreme Court hearing on the constitutionality of the Affordable Care Act did not follow the rule of most newsrooms: lead with your most compelling stuff.

Today, the justices are listening to arguments on whether or not the case should even be argued at all.

Under the new law, taxpayers who don't purchase health insurance will have to report that omission on tax returns for 2014 and will pay a penalty along with federal income tax.

At issue is whether that penalty is a tax and whether a tax can be challenged before it has been implemented.


Megan Hughes is a Bloomberg TV correspondent.

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