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Friday, March 26, 2010

The REAL Costs of ObamaCare©

3:07 PM 0 comments

Submitted for your consideration:

■ "AT&T Inc. will book $1 billion in first-quarter costs related to the health-care law signed this week by President Barack Obama, the most of any U.S. company so far."

■ "Caterpillar Inc. said Wednesday it will take a $100 million charge to earnings this quarter to reflect additional taxes stemming from newly enacted U.S. health-care legislation."

■ "Farm equipment maker Deere expects after-tax expenses to rise by $150 million this year as a result of the health care reform law President Barack Obama signed this week."

Although I was told that there'd be no math, that's 1 and a quarter BILLION dollars so far, and the bill hasn't even begun to hit its "stride."

But hey, they "fixed health care."

Right?

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