One of the fundamental principles of statutory construction is that you do not construe a statute in a manner so as to render extraneous words that are used in the statute.
The statute says that subsidies are for insurance obtained on an “Exchange established by the State under section 1311.” The Democrats want to “interpret” the statute to provide subsidies for insurance obtained on any “Exchange” and delete the text “established by the State under section 1311.”
Exactly.