Federal court judge sides with Republicans in Obamacare ruling

Congressional Republicans have won a major court victory in their long-running fight against Obamacare. A Washington, D.C.-based federal court judge ruled Thursday that the Obama administration cannot reimburse insurance companies for subsidies they provide millions of low-income Americans to pay out-of-pocket health care expenses without an appropriation from Congress. If the decision is upheld, it could drive insurance costs higher by denying the subsidies to eligible patients. “This historic…