 court rules against aca exchange subsidies a federal appeals panel ruled that as written the health care law allows tax credits to be offered to qualified participants only in staterun exchanges the problem is that 36 of the 50 states do not have state exchanges so the subsidies may be invalid if paid by the national exchange to read more on the ruling and what the possible outcome might be go online at  http wwwbreitbartcom biggovernment 20140722 federalappealscourtdealsmajorblowtoobamacare 19  court rules against aca exchange subsidies  