HUGE NEWS: Oklahoma Federal Court Rules IRS Attempt to Save Obamacare's Subsidies for Federal Exchange Enrollees "Arbitrary, Capricious, an Abuse of Discretion, and Otherwise Not In Accordance with the Law"

If you're coming in late to this, or have forgotten, this concerns the IRS granting those who enroll into Obamacare in the federal exchanges the same subsidies as are granted to those who enroll in the state exchanges.

The problem is that the law only specifies subsidies for state exchange enrollees. It appears this was intended to be an encouragement for states to set up their exchanges.

But 26 or so states opted out -- but Obama's IRS, desperate to save his bacon with lots of enrollees, decided that by administrative rule they would trump the law passed by Congressand just rule that anyone signed up for Obamacare should have subsidies.

A federal court in Oklahoma has ruled otherwise.

GO READ THE WHOLE THING.

The full decision is here.

AND THEN THERE'S THIS:

More: The Judge in Pruitt Scolds the Obama Champions of the Judicial Branch