Appeals Courts Disagree Over Obamacare

Obamacare got taken for a roller-coaster ride on Tuesday when two different appeals courts took completely different takes on the latest challenges to the law.

In a potentially lethal blow, a federal appeals court in Washington, D.C. ruled that the federal government may not subsidize health insurance plans for people in 34 states that decided not to set up their own marketplaces under the law.

But the 4th U.S. Circuit Court of Appeals in Richmond took the opposite point of view, saying the subsidies are legal.

Read the full story here: http://nbcnews.to/1kQqvQN

Source: NBC News