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Internal Revenue Service

Momentous ruling on 'Obamacare'

Momentous ruling on 'Obamacare'

The Supreme Court handed President Obama a major victory today when the justices voted 6-3 to uphold the administration's interpretation of a key provision of the Affordable Care Act. The decision means that millions of Americans who were at risk of losing their health insurance if the court had ruled against the act will be now allowed to keep their coverage. And it all but assures that the president's signature health care legislation, which Republicans have repeatedly tried and failed to undermine, is effectively here to stay. The case before the court, King v. Burwell, hinged on a single, relatively obscure phrase buried in the nearly 1,000-page law in a section covering...