Could one word take down Obamacare?

Case Western Reserve University’s Jonathan Adler and Cato Institute’s Michael Cannon argue in a new paper that any federally-established health insurance exchange does not have the authority to dole out health insurance subsidies. Those subsidies are important: They are the $800 billion in tax credits meant to subsidize coverage for low- and middle-income Americans.

via Could one word take down Obamacare?.