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Federal Judge Backs Obamacare Subsidies In Win For Administration

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Federal Judge Backs Obamacare Subsidies In Win For Administration

Dismisses Challenge to Affordable Care Act Tax Credits

“The court’s ruling today delivers a major blow to the states that chose not to participate in the Obamacare insurance exchange program,” said Sam Kazman, general counsel for the Competitive Enterprise Institute, which coordinated the lawsuit. “It is also a blow to the small businesses, employees and individuals who live in those states as well. In upholding this IRS regulation that is contrary to the law enacted by Congress, this decision guts the choice made by a majority of the states to stay out of the exchange program.”