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From the Associated Press:
WASHINGTON (AP) — The Supreme Court on Thursday upheld the nationwide tax subsidies underpinning President Barack Obama’s health care overhaul, rejecting a major challenge to the landmark law in a ruling that preserves health insurance for millions of Americans.
The justices said in a 6-3 ruling that the subsidies that 8.7 million people currently receive to make insurance affordable do not depend on where they live, as opponents contended.
Only Justices Scalia, Thomas, and Alito dissented.
Stay tuned to Ricochet for commentary on the ruling, including an appearance from Richard Epstein on today’s forthcoming Ricochet Podcast.