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HomeObama Acknowledges Company Charges Due to Healthcare Reform
Posted by Larry Doyle on May 4th, 2010 12:45 PM |
Not that you would find it in any media outlets (believe me, I’ve looked for the last hour), but earlier today President Obama publicly acknowledged that American companies will be forced to take immediate charges to income from the recently enacted healthcare reform.
Recall that members of Congress railed on a number of corporate executives for highlighting these charges shortly after the legislation was passed. Rep. Henry Waxman initially called a special meeting to castigate the corporate executives, but then tucked his tail between his legs and cancelled that meeting when it became apparent that he did not truly understand the basic accounting principles necessitating these charges. (more…)
Tags: Business Council May 4 2010, healthcare remarks by Obama May 4 2010, Obama admits corporate charges due to healthcare May 4 2010, Obama Business Council May 4 2010, Obama Business Council speech may 4 2010, Obama speech May 4 2010, Obama speech to Business Council May 4 2010
Posted in Barack Obama, health care reform, Obama Administration | 2 Comments »
