So much for my predictions last night. Bottom line is that the court rules that Congress does not have the power to mandate through the Commerce Clause or the Necessary and Proper Clause, but does through the tax powers.
This is a bad decision. Unless I am missing something, there is no limiting principle. What is to stop the government from picking a product at random and forcing people to buy it? Did I say 'force', what I mean is make them choose between the product or paying a hefty fine. Did I say 'fine', I meant some sort of selective tax.
Didn't Obama say this was absolutely not a tax. It may now be the biggest tax hikes. Lets see him explain that one in the debates.
Opinion - http://www.supremecourt.gov/opinions/11pdf/11-393c3a2.pdf