Small businesses will bear a significant burden under Obamacare. New regulations, mandates, taxes and numerous costs will impact how companies operate. The National Federation of Independent Business counted all of these new requirements and came up with 25 ways the new health care law changes life for business owners over …
A jubilant President Obama put his signature on health care legislation yesterday, but the work isn’t done quite yet. The U.S. Senate must pass the Reconciliation Act of 2010, making a number of tax changes to current law. By signing the legislation, Obama already broke his campaign promise not to raise “any …
Proponents of the health care reform bills currently under consideration in Congress claim that the cost of insuring the uninsured will be paid for by taxes on the rich, and by employers, who will be required to shoulder “responsibility” for their employee’s health insurance. The reality is that these provisions …
Senator Baucus’ latest attempt to reach a bi-partisan agreement still misses the mark. While there may be a few elements that may be worth discussing, the vast majority of the proposal continues to take the discussion over reform in the wrong direction. Many of the same fundamental problems plague this …
Heritage consultant Mark Wilson published a new study Friday, detailing how the “play-or-pay” employer mandates in H.R. 3200 will put 5.2 million low-wage workers at risk of unemployment or reduced working hours. Fox News covered the story: [youtube]http://www.youtube.com/watch?v=R6GCuhXQPyY[/youtube] Also from the report: The mandates will cost businesses at least $49 …
On June 15th, the Congressional Budget Office issued a crushing blow to President Barack Obama’s health care plan, placing a $1 trillion price tag on the Senate Health, Education, Labor and Pensions (HELP) committee’s draft legislation. And what did Americans get for their $1 trillion in new debt? A measly16 …
