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House Postpones Vote on Repeal of Healthcare Reform Legislation in Wake of Arizona Shootings While Missouri Legislators Vote to Challenge the Law’s Constitutionality

Posted in Healthcare Services Investing, Life Sciences Investing

As we’d previously reported, the U.S. House had scheduled to vote today on legislation repealing in full the healthcare reform law known as The Affordable Care Act (aka PPACA).   In response to the shootings of Arizona Congresswoman Gabrielle Giffords and others this past Saturday in Tucson, the historic vote has been postponed until a yet undisclosed date.

In the meantime, yesterday Missouri’s House of Representatives passed House Resolution 39 calling on Governor Jay Nixon and Attorney General Chris Koster (both Democrats) to cause the state to join a lawsuit challenging the constitutionality of certain aspects of The Affordable Care Act.   The Missouri resolution passed 115 to 46, with voting largely along party lines.   A companion resolution, SR 27, is currently pending in the Missouri Senate, and it seems unlikely that the Governor and AG will take action until both chambers have weighed in.  Currenly twenty states are parties to the lawsuit, and states such as Maine and Ohio are among a handful of states that  report strongly considering joinly the lawsuit as well. 

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