Calif. Dems Hail ACA Ruling While GOP Urges Caution

Law360, New York (June 28, 2012, 8:05 PM EDT) -- California Democrats hailed the U.S. Supreme Court's historic ruling Thursday to uphold President Obama's health care law, while Republicans, still reeling from Gov. Jerry Brown’s cuts to close the state's multibillion budget shortfall, urged caution in implementing some of the law's key provisions.

While the California Health Benefit Exchange said Tuesday that the Patient Protection and Affordable Care Act would expand coverage to 5 million Californians, state Republicans took issue with the 5-4 decision that allows Congress to impose a penalty for not purchasing health insurance,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.