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Financial Planning > Tax Planning

Supreme Court posts King vs. Burwell transcript

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The U.S. Supreme Court has already posted a 97-page transcript of today’s King vs. Burwell (Case Number 14-114) oral arguments.

The petitioners in the case argue that the Patient Protection and Affordable Care Act (PPACA) gives the U.S. Department of Health and Human Services (HHS) no authority to offer premium tax credit subsidies through HHS-established PPACA exchanges.

HHS Secretary Sylvia Burwell and the other respondents say the lack of explicit permission for HHS to offer exchange plan subsidies is a drafting error, and that the rest of PPACA makes it clear that HHS exchanges can offer the subsidies.

Some observers at the court said it looked as if Chief Justice John Roberts, one of the two potential swing voters, rarely spoke. They said the other potential swing voter, Justice Anthony Kennedy, seemed to be disturbed by the idea that a ruling against the Obama administration could lead to a federal tax credit being offered in just 16 states.

To see what the lawyers and justices said for yourself, and come to your own conclusions, click here to read the transcript.


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