GOP Lawmakers Keep Up Pressure In ACA Subsidy Probe

Law360, New York (December 17, 2012, 5:48 PM EST) -- Three Republican congressmen demanded more information from the U.S. Department of the Treasury on its deliberations while finalizing a rule to offer premium tax credits for insurance purchased on exchanges, saying Monday that the rule amounted to an “illegal Obamacare expansion.”

The lawmakers continued to press their claims that an Internal Revenue Service regulation on the tax credits represented an overreach by the agency. They allege, as do other Affordable Care Act opponents, that the ACA only allows the federal tax credits to subsidize insurance purchased...
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