Republican former CBO director calls decision “deviously brilliant”
by Zeke J Miller, Time Swampland:
The Obama Administration announced on Tuesday that it is delaying implementing a key component of the Affordable Care Act for a year following complaints from the private sector about reporting requirements.
The so-called employer mandate, which penalizes employers with more than 50 employees if they fail to provide a minimum standard of affordable health insurance, was set to kick in in 2014, but now will take effect in 2015, the Treasury Department announced in a blog post first reported by Bloomberg News. The delay not only allows the Administration time to alleviate concerns among business owners, but also takes a controversial component of the law off the table before the midterm elections.
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