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Keyword: obamacarebusiness

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  • Hundreds of Jobs Lost as Store Chain Closes Due to ObamaCare and Minimum Wage Hike

    03/30/2014 12:13:09 PM PDT · by SeekAndFind · 23 replies
    Frontpage Mag ^ | 03/30/2014 | Daniel Greenfield
    By the time ObamaCare and the minimum wage get done wiping out jobs, everyone will need that basic guaranteed income that libs love talking about. Citing Obamacare and an increase in the stateÂ’s minimum wage, the owner of Waterford-based Yankee One Dollar is closing down shop on all 23 remaining locations.Its owner Keith Flike blamed the Affordable Care Act and the increase in the stateÂ’s minimum wage for the decision to shut down. Each store has six to 10 employees, he told the Post Star. Those are just more employees who have been liberated from job lock to explore their...
  • Yankee One Dollar Closing Remaining Stores Due to Obamacare

    03/30/2014 9:16:20 AM PDT · by lowbridge · 36 replies
    http://legalinsurrection.com ^ | march 28, 2014 | rusty weiss
    Citing Obamacare and an increase in the state’s minimum wage, the owner of Waterford-based Yankee One Dollar is closing down shop on all 23 remaining locations. Via the Times Union: Waterford-based Yankee One Dollar stores will be gone within the next five months, its owner told the Post Star of Glens Falls. Keith Flike blamed the Affordable Care Act and the increase in the state’s minimum wage for the decision to shut down. Each store has six to 10 employees, he told the Post Star. Yankee One Dollar has 23 stores, down from a peak of 39. The Daily Gazette reported...
  • Treasury: Employers must “self-attest” OCare not behind staffing decisions–under penalty of perjury

    02/11/2014 5:46:43 PM PST · by 2ndDivisionVet · 37 replies
    Hot Air ^ | February 11, 2014 | Ed Morrissey
    Old and busted: Businesses will love ObamaCare for its cost savings in health care! New hotness: Businesses had better not make staffing decisions based on cost savings from ObamaCare-fueled price spikes! After its latest delay in implementing the employer mandate, the Obama administration rebuffed criticisms that the law incentivizes employers to shift to part-time work by announcing the Treasury Inquisition — ahem, excuse me, the Treasury Attestation Department: The latest announcement comes after the administration heard from businesses about their concerns with the looming ObamaCare rules. However, the change is sure to raise more questions about the health and implementation...
  • Stalinist Lawlessness: Companies Must Swear to IRS They Didn´t Fire Employees Because of Obamacare

    02/12/2014 11:53:29 AM PST · by Nachum · 54 replies
    RushLimbaugh.com ^ | 2/12/14 | Rush Limbaugh
    RUSH: Ladies and gentlemen, there´s so much going on out there. The lawlessness of this Regime knows no bounds. There´s nothing stopping this man from doing anything. If he wants to raise marginal tax rates, he can just do it. Nobody´s gonna stop him. Here is the latest. As you know, the Regime recently delayed the implementation of the employer mandate for three years, until 2016. This means that employers who have a hundred or less employees will be subject to the mandate. (Snip) I mean, this is absolutely lawless. It is against the law. They cannot, ladies and gentlemen,
  • Companies Must Justify Their Workforce Decisions Under Obama’s Latest Rewrite

    02/11/2014 8:24:25 AM PST · by chessplayer · 63 replies
    (CNSNews.com) – Once again acting without Congress, President Obama has unilaterally changed his signature health insurance law, delaying its employer mandate – the second time he’s done this -- to 2016, after the mid-term elections. BUT: To be eligible for the additional delay, the Obama administration says an employer “may not reduce the size of its workforce or the overall hours of service of its employees” unless it can justify those reductions to the Internal Revenue Service. On Monday, the administration issued new regulations saying that employers with 50 to 99 workers don’t need to provide minimum essential coverage until...
  • Obama administration to further delay healthcare mandate

    02/10/2014 1:19:42 PM PST · by abb · 91 replies
    Los Angeles Times ^ | February 10, 2014 | Noam Levy
    WASHINGTON – The Obama administration will phase in a requirement that large employers provide their workers with health benefits in 2015 and 2016, offering businesses more relief from the so-called employer mandate in the president’s health law. Under regulations issued Monday, only employers with more than 100 full-time workers will be subject to fines in 2015 unless they offer coverage. The requirement that all employers with more than 50 full-time employees provide health benefits or pay fines – which was supposed to begin in 2014 under the Affordable Care Act – will not take effect until 2016. snip
  • Duke University: 44% of U.S. firms consider cutting health care to current workers

    02/07/2014 6:20:44 AM PST · by george76 · 21 replies
    Washington Examiner ^ | FEBRUARY 5, 2014 | Paul Bedard
    Adding to a devastating CBO report of how Obamacare could damage the economy, a Duke University survey of top companies found that 44 percent are considering reducing health benefits to current employees due to Obamacare, confirming the fears of millions of American workers. In its December survey of chief financial officers around the country, Duke also found that nearly half are “reluctant to hire full-time employers because of the Affordable Care Act.” And 40 percent are considering shifting to part-time workers and others will hire fewer workers of fire some to avoid the costs of the program. What’s more, they...
  • Hidden in (Unconstitutional) Obama Diktat: Employer Mandate Delay VOID if You Fire Workers/Cut Hours

    02/11/2014 6:40:45 AM PST · by Reaganite Republican · 30 replies
    Reaganite Republican ^ | 11 February 2014 | Reaganite Republican
    As the country's first 'Imperial President' threatens to rule by Executive fiat and just simply run-over the Republicans' feckless leadership, he's also made clear he intends to continue ongoing, previous strategies (lie, obfuscate, and withhold) he's utilized thus far. The latest example of unconstitutional+underhanded mischief from the habitually-dishonest Obama was unearthed by Megyn Kelly on Fox Monday night, when in the course of researching the ObamaCare Employer Mandate delay they found 'on one little nugget... found under a mountain of new regulations': any employer who dare “reduce the size of its workforce or its overall hours of service of its employees' will...
  • AOL Blames Obamacare for Plan to Reduce Retirement Benefits

    02/08/2014 11:21:38 AM PST · by SoFloFreeper · 11 replies
    AOL Inc. blamed President Barack Obama’s health-care law for its plan to reduce its spending on contributions to employees’ 401(k) retirement plans. AOL, owner of websites such as the Huffington Post, will still match employee contributions to retirement plans up to 3 percent of their paychecks, Chief Executive Officer Tim Armstrong said. Under the new policy, it will make the matching payments in a lump sum at the end of the year, forcing employees who leave before then to forfeit the benefit, he said in an interview today on CNBC. “Obamacare is an additional $7.1 million expense for us as...