1. OUCH

    Appeals Courts Duel on Obamacare Money

    WASHINGTON, DC - JULY 21:  U.S. President Barack Obama speaks about the about My Brother's Keeper initiative at the Walker Jones Education Campus on July 21, 2014 in Washington, DC. Obama spoke to area youth during a town hall meeting about the initiaive that is intended to help young men and boys of color.  (Photo by Mark Wilson/Getty Images)

    Mark Wilson / Getty Images

    It’s been a confusing day for Obamacare. A major pillar of the health-care law crumbled under the gavel of one federal appeals court on Tuesday, while a separate panel affirmed the legality of its billions of dollars in government subsidies. The three-judge panel of the D.C. Circuit Court of Appeals struck down premium subsidies used by 36 states, ruling that the Affordable Care Act doesn’t allow the IRS to dole out the subsidies in federal insurance exchanges, and that customers must pay out of pocket for the full insurance cost. The ruling is the result of a wording glitch in the ACA—as written, it says subsidies should be paid to those who purchase through an “exchange established by the state.” This restricts premium tax credits to state-run exchanges. Hours later, the Fourth Circuit Court of Appeals in Virginia upheld the subsidies saying the plaintiffs’ reading “bespeaks a deeply flawed effort to squeeze the proverbial elephant into the provebrial mousehole.”

    Read it at The Washington Post