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Federal Court Rules Against Obamacare Subsidies

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 A federal court ruling said that the government can only provide subsidies to people who bought insurance off state run health insurance exchanges, versus the federal ones that form more than half of such purchases under the Affordable Care Act, according to CNBC.  The 2-1 ruling used a very clos reading of the law, which "plainly makes subsidies available in the Exchanges established by states," wrote Senior Circuit Judge Raymond Randolph in his majority opinion, said CNBC.

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