Depending on whom you ask, the Supreme Court's decision to uphold the federal health care law will either help businesses grow or it will make them more hesitant to hire.
Thursday's decision to uphold the law, including the provision requiring individuals to buy insurance, has some far-reaching implications in the business world.
Dan Danner, CEO of the National Federation of Independent Business, a business lobby that helped bankroll the suit seeking to strike down the law, said the 5-4 decision was unambiguously bad for business.
Andres Manuel Lopez Obrador, presidential candidate for the Democratic Revolution Party, waves at supporters during the closing rally of his campaign at the main Zocalo plaza in Mexico City on Wednesday.
Credit Esteban Felix / AP
Supporters of PRD party candidate Andres Manuel Lopez Obrador at a rally this week in Mexico City. Lopez Obrador, a leftist, is trailing in polls ahead of Sunday's presidential election.
With just two days left before Mexicans elect a new president, polls show that the candidate of the former ruling party is poised to win the race by a wide margin. But there are those who don't want to see a return of the PRI, which ruled Mexico for more than 70 years until 2000 with a mix of corruption and cronyism. They say their best hope is leftist PRD party candidate Andres Manuel Lopez Obrador.
Protesters and supporters of President Obama's health care law await the Supreme Court's ruling Thursday. The court ruled to uphold the law. The focus now shifts to the states, which are responsible for the lion's share of getting people without insurance covered.
The Supreme Court's decision to uphold nearly all of the Affordable Care Act may move the debate to the presidential campaign trail. But it shifts much of the burden of implementing the law to the states.
States are actually responsible for the lion's share of getting people without insurance covered under the health law.
President Barack Obama talks on the phone with Solicitor General Donald Verrilli in the Oval Office, after learning of the Supreme Court's ruling on the "Patient Protection and Affordable Care Act," on Thursday.
The White House has released a picture of President Obama on the phone with Solicitor General Donald Verrilli in the Oval Office after hearing the health care news. Verrilli was the one who argued the case in front of the Supreme Court.
Here's the picture:
Obama looks rather relaxed. But both The New York Times and NBC News report that Obama, who received the news like most Americans, first thought his signature legislation had been declared unconstitutional.