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79: The six words behind the case against Obamacare

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Sinopsis

“What did they know and when did they know it?” It’s Washington’s favorite question for scandal, for mystery or subterfuge. Senator Howard Baker coined “what did they know and when did they know it” back in the Watergate hearings. It’s what lawmakers are asking about politics within the IRS, what regulators asked bank executives about the financial crisis and, of course, what EVERYONE wants to know about Hillary Clinton’s emails. But it also is the question at the heart of the current challenge to the Affordable Care Act, the ACA, also known as Obamacare. That’s the challenge the Supreme Court heard last week. Specifically, what did the people who wrote the law know about six words in the middle of a 906-page document. Those words stipulate that for people who cannot afford health care coverage, subsidies are available through “an exchange established by the state.” A key reminder, an exchange is just another word for a marketplace where you can go and buy health insurance. If you know anything about the ACA,