We knew the decision was forthcoming and now, it has been announced. The Supreme Court WILL hear the case, being brought by 26 states, on Obamacare!
The High Court will hear arguments regarding the Individual Mandate as well as Severability.
Arguments will most likely be made in March of 2012, which would indicate a decision by the Court will be forthcoming in June of 2012.
By hearing arguments regarding Severability, the court will decide whether the Obamacare law would stand sans the Individual Mandate. Should they find the Mandate could be severed from the rest of the law, the rest would remain on the books and that could very well be the case but, should that happen, the Individual Mandate struck as unconstitutional while the rest kept intact, the problem for the Obama administration would be finding a way to fund the rest.
It is widely seen as the Mandate being the funding engine for the rest of Obamacare – and should that Mandate be removed from the bill, it would be on life support but not killed.