Above is an introductory video on King v. Burwell, the ObamaCare exchange subsidy challenge, from my Cato colleagues Michael Cannon and Trevor Burrus, introduced by Caleb Brown. Tomorrow you can stream this Cato reaction panel on the Court’s arguments featuring Oklahoma Attorney General Scott Pruitt, Simon Lazarus of the Constitutional Accountability Center, Jonathan Cohn of the Huffington Post; and Michael Cannon, moderated by Ilya Shapiro of Cato.

While I’ve mostly left the analysis of King v. Burwell to others at Cato (aside from gathering links to others’ work here at Overlawyered) I did respond when New York Times columnist Paul Krugman employed what I called “remarkably ugly and truculent” terms to assail the challenge, saying it could succeed only in a “corrupt” Supreme Court.

P.S. While the lawprof amicus brief on behalf of the Obama administration garbs itself in the wolf pelt of severe textualism, Jonathan Adler spies the fluffy sheep beneath.

And: an after-the-argument statement by Ilya Shapiro (“If the government wins here, then not only will Obamacare continue to be rewritten by the IRS, but any executive agency – and any future president – will be able to rewrite any law.”).

Filed under: ObamaCare, Paul Krugman, Supreme Court