The Supreme Court has ruled on the Patient Protection and Affordable Care Act, ruling that although the constitution doesn't allow for a mandate to purchase healthcare coverage, the penalty is a tax:
"The Affordable care act's requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably characterized as a tax. Because the Constitution permits such a tax, it is not our role to forbid it, or to pass upon its wisdom or fairness," said the ruling.
The 5-4 decision was written by Chief Justice John Roberts, with Antonin Scalia, Anthony Kennedy, Clarence Thomas and Samuel Alito dissenting.
Read the Supreme Court Opinion...
More as we get it.