The Affordable Care Act (aka Obamacare) is headed to the U.S. Supreme Court again. This is a little complicated, but potentially significant. Megan McArdle explains:
http://www.bloombergview.com/articles/2014-11-07/obamacare-courts-death-yet-again
See this earlier post for how I discovered Megan McArdle in 2002. She is a graduate of the University of Chicago Booth School of Business.
UPDATE 6/25/15: The U.S. Supreme Court upheld the Affordable Care Act in a vote of 6 to 3. Click here for a Wall Street Journal article.
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