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2012 in review: Obamacare upheld by Supreme Court

"Today's decision was a victory for people all over this country whose lives are more secure because of this law," President Barack Obama said in a national address on June 28.

The Supreme Court had just ruled 5-4 to uphold the constitutionality of Obama's health care law, ending months of speculation and solidifying a law that passed without a single Republican vote.

The GOP rallied around a "repeal and replace" mantra in the 2012 elections, but Obama's victory made it clear: Obamacare is here to stay.

The law has sweeping implications, providing coverage to tens of millions of uninsured Americans in an attempt to improve the nation's health and bring down health care costs.

But it also comes with higher taxes for many and states such as Florida continue to fight implementation. Many of the provisions do not go into effect until 2014, so the law will continue to be debated while its full impact is revealed

2012 in review: Obamacare upheld by Supreme Court 12/28/12 [Last modified: Friday, December 28, 2012 4:10pm]
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