In a highly anticipated decision, this morning the D.C. Circuit Court ruled on the Halbig v. Burwell case argued back in March. The decision, which had court-watchers on edge for a better part of a month, was closely watched because of its potential impact on Obamacare subsidies and the power the IRS had to distribute those subsidies. In short, the text of Obamacare only provides for subsidies to be used in state exchanges. The lawsuit argued that this made federal exchanges, established when thirty-six states refused to set up their own exchanges, ineligible for subsidies.
The ruling was a 2-1 decision against the government, with a concurring decision and a dissent. It mostly examined the idea of textualism versus intent by members of Congress. In the concurring opinion, Judge Randolph gets to the heart of the issue by quoting former Supreme Court justice Louis Brandeis in another case: