Massachusetts Institute of Technology
Lawyers challenging health subsidies seek quick Supreme Court ruling

Lawyers challenging President Obama's healthcare law filed a quick appeal with the Supreme Court on Thursday, urging justices to take up the issue this fall and throw out insurance subsidies for nearly 5 million Americans. "The monumental significance of this legal issue requires the court's immediate, urgent attention," they said in a filing. "The longer the lawless IRS rule is in effect, the greater the upheaval when it is ultimately vacated." Last week, two federal appeals courts handed down conflicting rulings on whether the Obama administration may pay subsidies to low-and middle-income Americans who buy insurance on the federal "exchange"...