Supreme Court Upholds Obamacare Tax Subsidies
Handing the Obama administration a victory, the U.S. Supreme Court voted 6-3 to uphold nationwide Affordable Care Act tax subsidies.By Elizabeth Hagedorn | June 25, 2015
"The Affordable Care Act is here to stay,” President Obama said from the White House.
President Obama can breathe easy now. For the second time in three years, the U.S. Supreme Court has upheld a key part of his signature health care law.
The case, King v. Burwell, involved the tax subsidies millions of Americans rely on to afford health insurance premiums under the Affordable Care Act.