Posted on 09/12/2012 6:48:01 PM PDT by drewh
A year and a half after the passage of the Patient Protection and Affordable Care Act, bureaucrats at the IRS and Health and Human Services issued an 18-page report outlining new regulations that will dramatically increase health care costs for small and large businesses alike.
The regulations, written by an IRS attorney, arbitrarily redefine "full time employee" as someone who works 30 hours a week for a business. Traditionally, most private businesses have defined "full time employee" as someone who works 40 hours a week.
With this new regulation, the federal government is now removing the right of businesses to define "full time employee" as they deem appropriate for their unique conditions.
The IRS rule is key because companies with more than 50 full-time employees must provide health insurance under Obamacare, or be fined.
Business groups have been warning that small companies might try to replace full-time workers with part-time help to avoid being forced to offer health insurance in 2014, but the 30-hour full-time definition is likely to undermine those plans.
The new regulations confirm former Speaker Nancy Pelosi's famous statement made just before President Obama's hallmark health care legislation became law. "We have to pass the bill so that you can find out what is in it," she said.
18 months later, we've found out more of what's in it, and most businesses have decided they don't like it.
(Excerpt) Read more at breitbart.com ...
Obama and his Obamacare-ilk just keep white-washing this legislative horror story. His Marxist timebomb must be repealed.
This is probably only the tip of the iceberg.
I thought f/t was 32 hrs? Just saying.
Why that’s twice as many hours as Obama works each week.
In Obama’s economy, 30 hours is a good full time job.
Before you know it, Obama will call 20 hours per week “full time” work.
It’s actually 20 hrs/wk.
I just sent out an “ I told you so” but it really has no good taste. We are all f-ed.
At what point will we reach the caboose of this "long train"??
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Yes. This atrocity is written so that it can be RE-WRITTEN at any time as Obama and his brown-shirts to suit his agenda. This is a FANATIC EFFORT to ram this disaster down the throats of the American public and business world to hurt as many Americans as possible.
How will poor people survive working only twenty-nine hours per week at minimum wage?
Commie Obama”care” and the dumbing down of the expectation of the American Worker.
later
Well when you (according to the White House official records) start your day at 10:30 with a 1 hour meeting, followed by lunch then you’re off until the next day...and attend more fund raisers than national security briefings...and don’t hold a cabinet meeting in 8 months....30 hours a week seems like OVERTIME.
So now I’m (predicting) that I am going to have my hours cut even further; thanks, Obama!
This one regulation will literally kill (or severly wound) millions of starter-to mid level jobs..
Way to kill the American economy-not help it recover!
LLS
“How will poor people survive working only twenty-nine hours per week at minimum wage?”
Everyone will just have to have2-24 hour/week jobs!!
So everyone can worjk 48/week and boost the unemployment rate!!!!
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