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Appeals Court Strikes Down Subsidies In Federal Health Exchange
National Public Radio

A three-judge panel at the U.S. Appeals Court for the D.C. Circuit threw the fate of an important part of the Affordable Care Act into doubt Tuesday.

In a 2-1 decision, the court ruled that the Internal Revenue Service lacked the authority to allow subsidies to be provided in exchanges not run by the states. The ruling could put at immediate risk the millions of people who bought insurance in the 36 states where these online insurance marketplaces are run by the federal government.

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