Appeals Court rules against tax subsides, Obama Administration, and Affordable Care Act

A D.C. Appeals Court has ruled against the Affordable Care Act and the Obama Administration, pertaining specifically to how tax subsidies are awarded. We wrote about this recently and today a 3-judge panel has ruled. Politico has more:

The plaintiffs argued that the Affordable Care Act allows the subsidies to be awarded only through insurance marketplaces run by states, while the administration argued that they can flow through any exchange regardless of who runs it.

The case hinged on whether a few words in one section in the massive law authorizing the subsidies to be awarded refer to just the state-run exchanges or the federal-run exchanges too. Both sides claimed that the text of the law —and Congress’ intent when passing it—supports their own interpretation.

Continue reading more at Politico. More updates and decisions are likely to follow.

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