Friday, April 2, 2010

ObamaCare’s job-killing impact is just getting started

Subject: txt mny -
It didn't take long for businesses — especially in Illinois — to start feeling ObamaCare's job-killing punch. While most of the punishing mandates and taxes don't start immediately, public accounting rules operate on a more timely basis. Some businesses have disclosed that their value will be negatively impacted by the new health reform law.

In the last week, four major Illinois-based companies — Boeing, Caterpillar, Deere & Co. and Illinois Tool Works — have announced they will take charges of $150 million, $100 million, $150 million and $22 million, respectively, because of one provision in the new law...

[This piece misses AT&T, which has pegged its costs at 1 billion...]

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