BLOOMBERG: The U.S. Supreme Court agreed to consider a challenge to the subsidies that are a linchpin of President Barack Obama’s health-care plan, accepting a case that suddenly puts the landmark law under a new legal cloud.
The decision to hear the case helps transform what had been a low-profile Supreme Court term into a likely blockbuster. The court also might take up gay marriage after a federal appeals court this week upheld bans in Michigan and Kentucky.
Two years after upholding much of the Affordable Care Act by a single vote, the justices yesterday said they will hear a Republican-backed appeal targeting tax credits that have helped more than 4 million people afford health insurance… (more)
