Saturday, March 27, 2010

Health-Care Time Bomb(s)

Health-Care Time Bombs - Stephen Spruiell - National Review Online
That process has already begun. The day after the health-care bill passed, it was reported that the committee staffers who wrote the bill would be exempt from provisions requiring their bosses to obtain insurance through the exchanges the bill sets up. Now another provision is blowing up in the Democrats’ faces: a tax change that exposes companies such as Caterpillar, John Deere, and Verizon to hundreds of millions of dollars in new costs and may lead some of them to drop prescription-drug coverage for retirees.

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