The mandate is constitutional. And even more shocking, Chief Justice Roberts joins the left of the Court. More to come ...
7:14 AM PT: SCOTUSBlog's Tom Goldstein, feverishly reading, says "the entire ACA is upheld, with the exception that the federal government's power to terminate states' Medicaid funds is narrowly read." [link, but don't go there and break it!]
7:16 AM PT: This is great news for the President, but even more so to the millions of people who already have, and will soon, benefit from the law.
7:18 AM PT: Kennedy voted in dissent. Interesting. No link to the opinion yet.
The money quote from the section on the mandate: Our precedent demonstrates that Congress had the power to impose the exaction in Section 5000A under the taxing power, and that Section 5000A need not be read to do more than impose a tax. This is sufficient to sustain it.