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Obamacare Architect: No State Exchange = No Subsidies; Blatant Enough

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Published on Jul 24, 2014

Obamacare architect on the "blatant" threat in the law:
NO STATE EXCHANGE = NO SUBSIDIES!
Jonathan Gruber, January 18, 2012
"What’s important to remember politically about this is if you're a state and you don’t set up an exchange, that means your citizens don't get their tax credits—but your citizens still pay the taxes that support this bill. So you’re essentially saying [to] your citizens you’re going to pay all the taxes to help all the other states in the country. I hope that that's a blatant enough political reality that states will get their act together and realize there are billions of dollars at stake here in setting up these exchanges. But, you know, once again the politics can get ugly around this."

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