No Obamacare Exchanges | Michael F. Cannon | Cato Institute: Commentary

No Obamacare Exchanges | Michael F. Cannon | Cato Institute: Commentary: "The Obama administration has indicated that it might try to tax employers and hand out those subsidies anyway — even in states that don't create an exchange, and even though neither Obamacare nor any other federal law gives it the power to do so. If that happens, the fact that a state has refused to create an exchange would give every large employer in the state — including the state government itself — the ability to go to court to block the administration's attempt to usurp Congress's legislative powers."

"States that opt to create an exchange can expect to pay anywhere from $10 million to $100 million per year to run it. But if states refuse, Obamacare says the federal government must pay to create one."

"Obamacare does not and cannot mandate that states create exchanges. Moreover, state-run exchanges do not preserve local control. They will do Washington's bidding, or else they will be commandeered or swept aside."