Posted on 03/03/2014 1:39:05 PM PST by ThethoughtsofGreg
The Obama administration has a new solution to force compliance with the Affordable Care Act (ACA): simply ban businesses from reducing staff in response to the law’s burdensome employer mandate.
The administration previously postponed the law’s requirement that all businesses with 50 or more employees provide health insurance until 2015, a year later than required by the ACA. In what is being referred to as “transition relief,” the administration’s latest delay of the employer mandate through 2015 exempts mid-size businesses with 50-99 employees from the requirement, and lowers the requirement for businesses of 100 or more employees from 95 percent to 70 percent staff coverage.
Given the costs of insurance, businesses with just over 100 employees have a strong incentive to reduce staff below 100 and take advantage of the exemption. In a tacit admission that the ACA pressures businesses to cut workers, and perhaps to stall further criticisms, the IRS recently released regulations specifically barring employers from reducing staff or hours as a result of the ACA’s employer mandate.
(Excerpt) Read more at americanlegislator.org ...
surely an idea this Dumb has to be an attempted parody?
This is yet another way Obama kills jobs.
Bump
”This will of course not be uniform for all businesses.
Any business owned by a member of the US Congress
or their family or staff is EXEMPT.
And all blacks, criminals, and Moslems, are of course EXEMPT.
Your King will decide on the rest as he deems."
Obama is so_______________________________________clueless!
I only am able to hire one or two people. Sorry 0.
Back in 2008, when I told people that "Atlas Shrugged" would be the Obama gang's playbook, I was ridiculed. Where are my detractors now??
This is what you get when the stupid assed American sheeple let the enemedia sell them a Marxist ideologue who has never so much as run a lemonade stand.
I hope you jag-offs are proud of yourselves!
Even RINOs understand that a healthy private sector is necessary to generate the tax revenue needed to grow the nanny state. But not this jackass . . .
Who didn’t see this coming?
Never heard of this ALEC source but in the Baraqqi Regime truth is often stranger than fiction...
I’m waiting on the rest of 10-289.
wow! He REALLY knows how to screw up the American economy!!!! (and our defenses, and our allies all around the world...)
(and he can read a TelePrompter!
(and he, alone, knows we have 57 states, just like the International Islamic Conference organization has 57 member states and terrorist organizations)
Its so tiring to hear people poor-mouth the guy. He’s really very very knowledgeable and talented!
It was on FOX news a little while back, I wrote my Senator and Congressman about it.
Whether a company hires or fires for any reason is none of Obama’s business. Where the heck are Republicans? Or is this a parady and I have been duped again? Please Lord let me be ridiculed on this one.
yes, except for a few specialized sectors or situations, almost nobody is hiring anybody these days anymore....
they’re all spooked, afraid to hire anybody with Obama’s anti-business attitudes (and his constant habit of “ordering” things like we had a Czar instead of a President)
truth is not only stranger than fiction in this regime, truth is hiding under the bed, terrified, and won’t be seen or heard from again until at least 2017...
And Obama is able to change the law whenever and however he wants?
And Congress will just hand over to Obama the power to change the law? Why? Is he blackmailing all of them? What are they afraid of?
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