I think they’re going to find objects much farther away than this, once the James Webb Space Telescope is up and running (around 2018/2019). With its ability to see far into the infrared, I think they’re going to find out that they really have no idea how big, and how old, the universe really is.
As I understand it, their logic was (The Big was 13.8 billion years ago - Red Shift of new was 13.4 billion years ago) = This galaxy formed a mere 400,000,000 years after the Big Bang.
Seems to me that the discovery of a galaxy this old should throw their assumption about how long ago the Big Bang happened and age of the universe into question.
That's good because NASA won't have to rename it if Hillary gets elected (now that Jim Webb says he won't vote for her).