Conservatives are very hopeful that the Supreme Court will rule in the King v. Burwell case that the Obama Administration is violating its own law by granting ObamaCare subsidies to those buying policies on the federal exchange. The statute's language says you can only get a subsidy if you buy on an exchange established "by the State," and while the left is trying to cast doubt about what the word "State" means in this context, the clear and simple language suggests that buyers on the federal exchange aren't eligible for subsidies.
