Supreme Court Rules in Favor of ACA Tax Subsidies
June 30, 2015
On June 25, the U.S. Supreme Court ruled 6-3 that the Affordable Care Act will authorize federal tax credits for eligible Americans living not only in states with their own health care exchanges, but also in the 34 states with federal marketplaces. The long-awaited decision stopped a major political showdown and a scramble in states that would have needed to act to prevent millions from losing health care coverage.
The ruling also contained harsh words to Congress…"The Affordable Care Act contains more than a few examples of inartful drafting. Several features of the Act’s passage contributed to that unfortunate reality. Congress wrote key parts of the Act behind closed doors, rather than through 'the traditional legislative process' ... As a result, the Act does not reflect the type of care and deliberation that one might expect of such significant legislation,” commented Supreme Court Chief Justice John Roberts. More here.