There was a lot of speculation about how the Supreme Court would decide, but almost every prognostication was wrong: from who the swing vote would be (it was Chief Justice John Roberts, who wrote the opinion), to what the basis for the opinion would be (it wasn't the Commerce Clause).
Kailash Sundaran (left), Devyn Greenberg and Devontae Freeland, supporters of President Obama's health care overhaul, cheer outside of the Supreme Court on Thursday, after the court upheld a majority of the law.
House Minority Leader Nancy Pelosi of California watches the news of the court's ruling unfold on television. Pelosi, the former speaker of the House, was instrumental in helping to pass the health care overhaul in Congress, and was at President Obama's side when he signed it into law.
Originally published on Thu June 28, 2012 12:21 pm
Renee Montagne and Linda Wertheimer has the latest on the Supreme Court's ruling on the Affordable Care Act. The court ruled that the law — with its "individual mandate," or requirement that virtually all Americans buy health insurance — is constitutional.
The law was upheld thanks to Chief Justice John Roberts, who sided with the court's more liberal wing, on a very narrow grounds: Instead of saying Congress has the authority to regulate interstate commerce, they said Congress has the authority to levy taxes. And the penalty for people who do not have health care is a tax and therefore constitutional.
The Supreme Court has just wrapped up its term with one of the most consequential cases in decades.
LINDA WERTHEIMER, HOST:
The justices have ruled that the landmark health care law that has become a signature of Barack Obama's presidency is largely upheld. The opinions run hundreds of pages. We're looking at all those pages now and we'll bring you detailed news and analysis all morning.
Originally published on Thu June 28, 2012 11:39 am
The Supreme Court ruled today that the 2010 Affordable Care Act is constitutional — giving the Obama administration a big election year win over conservative critics who argue that the health care overhaul is a step on the way toward socialized medicine.
Murdoch, a legend in the news and entertainment businesses whose TV ventures include Fox News Channel, will "serve as chairman of both companies and CEO of the media and entertainment company," the company added.