I Told You It Was a Tax

For those who were paying attention this isn't news, but it will be news to a lot of people who looked to Obamacare to get their share of rainbows and unicorns:

WASHINGTON — When Congress required most Americans to obtain health insurance or pay a penalty, Democrats denied that they were creating a new tax. But in court, the Obama administration and its allies now defend the requirement as an exercise of the government’s “power to lay and collect taxes.”

And that power, they say, is even more sweeping than the federal power to regulate interstate commerce.

Administration officials say the tax argument is a linchpin of their legal case in defense of the health care overhaul and its individual mandate, now being challenged in court by more than 20 states and several private organizations.

It's always been a tax. That's the only hope they have of keeping it solvent, though that hope will fade just like all the other hopes offered by the Obama administration.