King v. Burwell (March 4) — Another Obamacare case, this one regarding the IRS’ ability to offer tax subsidies for health insurance. http://www.scotusblog.com/
http://www.supremecourt.gov/search.aspx?filename=/docketfiles/14-758.htm
http://www.supremecourt.gov/search.aspx?filename=/docketfiles/14-114.htm
King was a challenge to the Obamacare healthcare subsidies in the 4th U.S. Circuit Court of Appeals; however, it wasn’t the only federal challenge to the laws. The D.C. Circuit Court of Appeals decided a similar case on the constitutionality of Obamacare subsidies within hours of the 4th Circuit’s decision in King. Here’s how it shook out:
- The 4th Circuit ruled that Obamacare’s underlying laws allow subsidies to be issued, even in states where healthcare exchanges were set up by the federal government.
- The D.C. Circuit ruled that only states which set up their own exchanges could be eligible for Obamacare subsidies.
Oral Arguments were heard today- stay tune!
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