Will our premiums really (redacted) when Obamacare is fully (redacted)?
The healthcare law provides subsidies for most people who buy insurance through a new insurance exchange. The law envisioned each state operating its own exchange, but authorized a federally-run fallback in states that don't act.
The statute refers to subsidies flowing through a "state exchange" — which, to the law's critics, means subsidies shouldn't be available in the federal exchange. The IRS has said it determined that Congress intended for subsidies to be available in both state- and federally-run marketplaces, but Republicans have pressed the tax agency to back up that assertion.
Camp and Issa — respectively, the chairmen of the House Ways and Means Committee and Oversight and Government Reform Committee, said their staffers were allowed to view certain documents about the IRS's decision-making, but only with heavy redaction.