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President Biden seen during the US - Russia Summit 2021. Photo: Mikhail Svetlov/Getty Images

President Biden called Thursday's decision by the Supreme Court to throw out a Republican challenge to the Affordable Care Act a "major victory for all Americans benefitting from this groundbreaking and life-changing law."

Why it matters: The Supreme Court on Thursday ruled 7-2 to toss the lawsuit and allows former President Obama's signature achievement to remain intact.

  • The ACA has been the law of the land since 2011 and covers nearly 20 million people.

What they're saying: "After more than a decade of attacks on the Affordable Care Act through the Congress and the courts, today’s decision – the third major challenge to the law that the U.S. Supreme Court has rejected – it is time move forward and keep building on this landmark law," Biden said in a statement.

  • Obama also put out a statement celebrating the ruling saying it "reaffirms what we have long known to be true: the Affordable Care Act is here to stay."
  • "The principle of universal coverage has been established, and 31 million people now have access to care through the law we passed—with millions more who can no longer be denied coverage or charged more because of a preexisting condition," Obama said. "Now we need to build on the Affordable Care Act and continue to strengthen and expand it."

The other side: House Republican Leader Kevin McCarthy, House Republican Whip Steve Scalise and House Republican Conference Chair Elise Stefanik, in a joint statement, said "Republicans have always believed that forcing Americans to buy a government-mandated product was unconstitutional."

  • "While the Supreme Court ruled today that states do not have standing to challenge the mandate, the ruling doesn't change the fact that Obamacare failed to meet its promises and is hurting hard-working American families," the statement said. "Now, Congress must work together to improve American health care. "

Go deeper

Court affirms North Carolina's 20-week abortion ban is unconstitutional

Photo: Sergio Flores via Getty Images

A federal appeals court on Wednesday affirmed that North Carolina's ban on abortion after 20 weeks of pregnancy is unconstitutional and poses threat of prosecution to abortion providers.

Why it matters: The unanimous ruling comes as the U.S. Supreme Court takes on Mississippi's restrictive ban and the constitutionality of "pre-viability prohibitions on elective abortions."

Dan Primack, author of Pro Rata
Jun 16, 2021 - Podcasts

America's affordable housing crisis

America didn't have enough affordable housing before the pandemic, and the problem has only gotten worse due to a frenzied housing market and a looming end to foreclosure and eviction moratoriums.

Axios Re:Cap digs into what can be done to increase the country's affordable housing stock, both on a policy level and in the private sector. Our guest is Colleen Briggs of J.P. Morgan Chase, which this morning issued a set of policy recommendations to bolster affordable home buying and renting.

Updated 36 mins ago - Sports

Katie Ledecky wins gold in first women's 1500m freestyle

Team USA's Katie Ledecky celebrates after winning the final of the women's 1,500m freestyle swimming event during the Tokyo 2020 Olympic Games at the Tokyo Aquatics Centre in Tokyo on Wednesday. Photo: Attila Kisbenedek/AFP via Getty Images)

Katie Ledecky took home the Olympic gold medal in the women's 1,500-meter freestyle swimming race Tuesday evening, becoming the first female swimmer to win the newly added division. Team USA's Erica Sullivan won silver.

Of note: The Tokyo Games mark the first time that the long-distance race has been open to women, and Ledecky paid tribute to her predecessors after the race. "I just think of all the great U.S. swimmers who didn’t have a chance to swim that event," she said on NBC.