Does it matter what Congress intended?

from The Incidental Economist at on July 31, 2014 at 05:18PM

Over the past week, there’s been an awful lot of chatter about whether Congress really meant to eliminate subsidies from federal exchanges. Most has come from those appalled at the D.C. Circuits’ decision to invalidate the IRS rule. Their tone reflects what Jonathan Chait aptly calls “the kind of stammering, bug-eyed disbelief that occurs when somebody […]