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SCOTUS Upholds ACA Subsidies, 6-3

Yes, your subsidies are here to stay.

Many of us can breathe this morning, knowing we're not going to lose our insurance subsidies. Karoli is in the weeds right now, working on an analysis of the ruling, but we wanted to let you know ASAP.

HuffPost:

WASHINGTON -- The latest and possibly the last serious effort to cripple Obamacare through the courts has just failed.

On Thursday, for the second time in three years, the Supreme Court rejected a major lawsuit against the Affordable Care Act -- thereby preserving the largest expansion in health coverage since the creation of Medicare and Medicaid half a century ago.

The stakes of the case, King v. Burwell, were enormous. Had the plaintiffs prevailed, millions of people who depend upon the Affordable Care Act for insurance would have lost financial assistance from the federal government. Without that money, most of them would have had to give up coverage altogether. But two of the court’s conservatives, Chief Justice John Roberts and Justice Anthony Kennedy joined the court’s four liberals in rejecting the lawsuit in a 6-3 decision. Roberts delivered the opinion for the majority.

The decision is a major defeat for conservatives, who have been trying to wipe Obamacare off the books ever since its enactment in 2010. The sweeping reform law, a key component of President Barack Obama’s legacy, now appears to be secure at least through the 2016 elections. Its fate beyond that will depend on who becomes president next year -- and whether Republicans in Congress are willing to keep fighting for repeal.

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