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Law means what it says: Opposing view
USA Today

The King v. Burwell challenge to the Affordable Care Act at the Supreme Court presents a straightforward case of statutory interpretation. The question is whether the law authorizes the issuance of tax credits in exchanges established by the federal government.

The statute is clear on this point. Tax credits are available in exchanges “established by the state,” and the federal government is not a state. Were there any doubt on this point, the law defines “state” to mean one of the 50 states and the District of Columbia. The Department of Health and Human Services is not a state.