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A Federal Appeals Court says the Internal Revenue Service was wrong to allow Obamacare tax subsidies1 in all 50 states. A three-judge panel says the law as written allows the subsidies only in the 14 states that have set up their own exchanges. This decision eventually could mean premium2 increases for more than half of the eight million Americans who bought taxpayer-subsidized insurance. Probably, the ruling will reach the Supreme3 Court before there's a final decision.
In Washington, Steve Taylor, Fox News Radio.
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1 subsidies | |
n.补贴,津贴,补助金( subsidy的名词复数 ) | |
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2 premium | |
n.加付款;赠品;adj.高级的;售价高的 | |
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3 supreme | |
adj.极度的,最重要的;至高的,最高的 | |
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