AT&T is reporting a $1 BILLION earnings hit, John Deere reported $150 million impact and Caterpillar anticipates a $100 million decrease in earnings from higher premium, reduced tax deductions and various tax increases.

Read the Business Week Coverage of the AT&T Impact:

http://www.businessweek.com/news/2010-03-26/at-t-to-take-1-billion-charge-on-health-care-reform-update1-.html

Read the Marketwatch Summary on the full Industry Impact:

http://www.marketwatch.com/story/deere-says-health-reform-will-hit-its-bottom-line-2010-03-25?dist=afterbell

 

Obama Struggles in Polls and On the Public Relations Trail:

Read the Fox News transcript of President Obama’s challenges in selling the healthcare reform to skeptical Americans:

http://www.foxnews.com/story/0,2933,590007,00.html

Get the REAL facts from Accounting Web and the U.S. Chamber about how the healthcare bill will impact you and your business:

http://www.accountingweb.com/topic/tax/how-health-care-bill-will-impact-individuals-businesses

http://www.uschambersmallbusinessnation.com/take-action/myths-vs-facts—-its-time-to-get-the-facts-on-health-care-reform-straight

Senate Budget Report Provides Interesting Insights Into The Senate Bill:

http://budget.senate.gov/republican/pressarchive/2009/2009-11-19HealthCareFactSheet.pdf

Read how your congressman voted:

http://clerk.house.gov/evs/2009/roll887.xml

Other recent links:

http://www.foxbusiness.com/story/markets/industries/health-care/resend-house-approves-historic-overhaul-health-care/

U.S. Chamber Web Site: 

http://www.uschamber.com/chambers/healthcare.htm

Tags: 2010 Tax Increases, at&T Heathcare, california healthcare costs, healthcare cost increase, healthcare tax, Obama Healthcare; Senate Healthcare, Social Security Tax on Unearned Income

This entry was posted on Saturday, March 27th, 2010 at 12:18 pm and is filed under Finance/ Retirement, Healthcare, Tax - General, Tax - State & Federal Hiring and Equipment Credits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.