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Photo: Drew Angerer/Getty Images

The federal government must pay health insurance companies roughly $12 billion that they're owed under part of the Affordable Care Act, the Supreme Court ruled Monday in an 8-1 decision.

The big picture: The ACA's "risk corridors" program was designed to help stabilize the law's insurance markets in their early years, but the Trump administration argued that Congress had prohibited it from making the required payments. The Supreme Court disagreed, saying insurers have a right to collect the money they're owed under the program.

Go deeper

Jul 30, 2020 - Health

Ruth Bader Ginsburg recovering after non-surgical procedure

Supreme Court Justice Ruth Bader Ginsburg. Photo: Shannon Finney/Getty Images

Supreme Court Justice Ruth Bader Ginsburg is resting in a New York City hospital Wednesday evening following a minimally invasive, non-surgical procedure to replace a bile duct stent, the Supreme Court announced in a release.

Why it matters: Ginsburg has had health complications in recent years, including reoccurring liver cancer. This is her second hospital trip this month. The first hospitalization followed a possible infection.

Updated 27 mins ago - World

Fatal stabbing of British MP David Amess declared a terrorist incident

Police outside Belfairs Methodist Church in Leigh-on-Sea, England, on Oct. 15. Photo: John Keeble/Getty Images

Authorities have declared the death of David Amess a terrorist incident, hours after the Conservative Party lawmaker in the U.K. was fatally stabbed while meeting with local constituents in a church in eastern England on Friday.

The big picture: The Metropolitan Police has found "a potential motivation linked to Islamist extremism."

Biden: DOJ should prosecute those who defy Jan. 6 subpoenas

President Biden speaks with reporters at Bradley International Airport in Windsor Locks, Connecticut. Photo: Brendan Smialowski/AFP via Getty Images

President Biden said Friday that the Justice Department should prosecute those who defy subpoenas from the Jan. 6 select committee.

Why it matters: The president's remarks come one day after Donald Trump ally Steve Bannon failed to show up for a deposition before the committee.