The President's spoke of how good this bill is going to be for business. In fact, he challenged Republicans who want to run on a platform of "repeal" in November to "go for it."
Last night the Associated Press released a short analysis of how this bill will affect American companies. This is the exact text as cut-and-pasted from the New York Times website:
COSTLY CHANGE: The new health care law will make it more expensive for companies to offer prescription drug coverage for retirees because companies will receive smaller tax deductions for those benefits in the future.TOUGH TO SWALLOW: One study estimates that U.S. companies could lose as much as $14 billion this year because of the tax law change.
SIDE EFFECTS: As many as 1.5 million to 2 million retirees could lose the prescription drug benefits their former employers provide because of the tax changes.
I agree with the President. If Republicans want to run against a bill which imposes $14 billion in new costs to American businesses, and causes and 2 million retirees to lose their prescription drug benefits they should "go for it."
It wouldn't hurt if both sides took a break from the hypertensive rhetoric and let America catch its collective breath.
Democrats are attempting to turn the attention of independent voters away from their opposition to the health care reform bill, to aversion to the protesters and Republicans who support them.
The GOP needs to be careful not to be seen as inciting physical harm to public officials. Dropping the decibels will help.
Republicans are on the correct side of this debate. They can afford to be strong, but civil.