Obama wants to
delay the Obamacare train wreck until after the 2014 elections when employers
will have massive layoffs . . .
Obamacare employer mandate delayed until 2015
to give Democrats breathing room until after 2014 midterm elections, says
Treasury source
A Treasury Department official who declined
to be named confirmed to MailOnline on Tuesday that the Obama administration
will not begin enforcing employer mandates in the Obamacare law until 2015 -
one year later than originally planned - and pinned that change of direction on
a combination of politics and economic realities in the marketplace.
Mark Mazur, the Assistant Treasury Secretary
for Tax Policy, announced on the agency's blog that the administration 'will
provide an additional year before the ... mandatory employer and insurer
reporting requirements begin.'
The blog post explained that the
delay was intended to leave time to simplify reporting requirements and give
companies time to adapt.
But the Treasury source said the extra year
will give the White House an extra year to persuade health insurers to
participate in the exchanges that make up the backbone of the Affordable Care
Act.
The revised timetable, the source added, will
also push back the final implementation of Obamacare's penalties past the 2014
midterm elections, providing Republicans fewer chances to highlight the law's
potentially harmful effects on businesses' bottom lines.
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