Wednesday, Part IV; ObamaCare And The Supreme Court -- June 10, 2015

Updates

June 17, 2015: another story suggesting the decision has been leaked. Reuters is reporting:

As the U.S. Supreme Court prepares to rule on whether people in 34 states can continue to receive Obamacare health insurance subsidies, economists are projecting billions of dollars in lost healthcare spending for hospitals, drugstores and drugmakers if the justices say the payments are illegal.

Original Post

Elsewhere in the blog I posted this:

June 10, 2015: the tea leaves are swirling. There are two questions with regard to the ObamaCare case currently before the Supreme Court: when and what? When will the court release its decision? What will the court say? My earlier posts have always been that the best outcome would be to throw the case back to Congress.

Now, at 11:40 a.m. today we get this story from Fox News: SecHHS says the same thing: if the Supreme Court rules "against" ObamaCare, it's back to Congress to fix it.

That story answers the two questions: what the decision will be, and when it will be released.

But the answers are in the swirling tea leaves. As a reminder, President Obama spoke to the issue yesterday.