Detailed text transcripts for TV channel - FOXNEWS - 20140722:22:02:00
Agreed saying quote our duty when interpreting a statute is to ascertain the meaning of the words of the statute dully enacted through the formal legislative process. >> last week i told you it was a live torpedo in the water for obamacare. >> reporter: just a short time lighter a infuriate circuit equal to the d.c. circuit issued its own ruling shoulding where it found the law to be ambiguous it defers to the irs interpretation. quote we're satisfied that the irs rule is a permissionable construction of the statutory language. >> the fourth circuit made clear today when you look at the statut...
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