(Bloomberg) The Supreme Court briefs are in, and we can now say that big business backs the Affordable Care Act.
The justices will hear oral arguments on March 4 in the latest case challenging the ACA. At issue is the act's provision of federal tax subsidies to make health insurance affordable for the less-well-off. The plaintiffs are four Virginia residents who say they can't afford coverage but claim they want to be ineligible for subsidies. If that seems like an odd position, well, ordinarily it would be. The stance becomes more understandable, though, when one peeks beneath the legal papers and sees that the plaintiffs are backed by a range of conservative and libertarian interest groups whose real goal is to cripple, if not kill, the ACA.
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