Obama’s Week Just Got Worse: Supreme Court To Rule On ObamaCare Subsidies

Friday, November 7, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/07/2014

Getting ‘shellacked’ in the Midterms, coming 2nd to Putin as the world’s most powerful person, and now, as AP reports, The Supreme Court agrees to rule on insurance subsidies in a new challenge to ObamaCare. Simply put they will judge whether subsidies for middle- and lower-income people are legal… As Think Progress warns, “if it succeeds, the likely result will be a “death spiral” where higher premiums cause healthy consumers to drop out of the insurance market, which will cause higher premiums, which will cause more consumers to drop their insurance.”

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