They did it again.
The Supreme Court of the United States effectively rewrote the text of Obamacare to save the legislation.
By a 6-3 majority, the Court upheld the Fourth Circuit’s decision in King v. Burwell and decided that federal subsidies were available on state Obamacare exchanges, even though the text of the so-called Affordable Care Act said that such subsidies were only available on “State” exchanges.
The majority acknowledged that the word “State” was, at best, “ambiguous.” And it rejected the idea that an executive agency, in this case the Internal Revenue Service, could decide the meaning of that term.
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