Health Overhaul's Assault On Business

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This is an opinion item.

Author(s) Investor's Business Daily editorial board
Source Investor's Business Daily
Date March 20, 2010
URL http://www.investors.com/NewsAndAnalysis/Article.aspx?id=527934
Quote
Quotes-start.png "If ObamaCare becomes permanent, no one will suffer more than U.S. businesses. They'll face higher taxes, more regulations and a higher cost of capital. But don't take our word for it. Go ask Caterpillar. The heavy-equipment giant reckons its insurance costs will go up 20%, or $100 million, the first year after the health care system is overhauled, and may go even higher. Multiply that by literally tens of thousands of companies nationwide, large and small, and you can see how costs will soar." Quotes-end.png


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This item argues against the position Act should be passed on the topic Patient Protection and Affordable Care Act.