I think this forces the Dem’s to consider an acceleration of their health care time table or to make more palatably economic revisions. By announcing these write downs and cuts to benefits now, it leaves folks hanging until 2014 when supposedly the new Health Care reality comes to full fruition. Enrollment for new benefits occurs at most companies starting each November. Most folks will be furious when they see what the Dem’s have done. The elections are in November hence these cuts will hang like an exploding turkey turd over the election process in 2010!!! These companies are doing their own version of Clove Pliven on the Dems and the Health Care process before the system can be geared up by 2014. If it wasn’t these companies’ intent it will certainly be the effect. Wait until all the RN’s I work with find out what the reduction of the Flex Spend health account limits are going to do to their taxes!
No wonder Waxman is livid, it jams up the election messages planned by them for 2010!
Good points. I think you are right!
Caterpillar's is in October - just prior to the elections.
He He He