Key Obamacare provision delayed – CNN Political Ticker - CNN.com Blogs
Such BS.Washington (CNN) - The requirement that businesses provide their workers with health insurance or face fines – a key provision contained in President Barack Obama's sweeping health care law – will be delayed by one year, the Treasury Department said Tuesday.
The postponement came after business owners expressed concerns about the complexity of the law’s reporting requirements, the agency said in its announcement. Under the Affordable Care Act, businesses employing 50 or more full-time workers that don't provide them health insurance will be penalized.
Translation: Ain't no way in hell we want to run against this in 2014, so let's put it off.
Uninformed voters were about to get hit in the face with big premium jumps, and still will a year later. Dems want to sneak in another election before the crap hits the fan.
It's going to cost a lot of jobs. We've already done it in my office, and are going to do it again once this goes into effect. Just the basic economic reality of it.