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Obamacare Reg Treats Congress That Spent $3.5 Trillion as a ‘Small Business’
Cybercast News Service ^ | December 5, 2013 - 6:51 PM | Terence P. Jeffrey

Posted on 12/05/2013 5:31:15 PM PST by Olog-hai

An Obamacare regulation issued by the Office of Personnel Management in October treats the U.S. Congress—which employs more than 11,000 staffers and which spent $4,329,000,000 on its own operations and $3,454,253,000,000 to fund the full government in fiscal 2013—as a “small business.”

OPM did this so that the Treasury can pay federal subsidies of up to $11,378 per year to help members of the House and Senate and their staff buy health-insurance plans in the Obamacare “Small Business Health Options Program” (SHOP) Marketplace set up for “small employers” in Washington, D.C.

The regulation treats this federal tax subsidy paid by the U.S. Treasury as if it were an “employer contribution” made by the owner of a small business. …

(Excerpt) Read more at cnsnews.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; US: District of Columbia
KEYWORDS: congress; obamacare; regulations; smallbusiness

1 posted on 12/05/2013 5:31:15 PM PST by Olog-hai
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