This is an opinion item.
| Author(s)
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Betsy McCaughey
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| Source
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Investor's Business Daily
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| Date
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June 21, 2012
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| URL
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http://news.investors.com/article/615646/201206211729/court-rejection-of-obamacare-good-for-economy.htm
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| Quote
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Beginning in 2014, the "Employer Responsibility" provision would require employers with 50 or more workers to provide health coverage or pay a penalty. Not just any coverage, but a package of expensive benefits that the president deems "essential." In most states, that requirement would add $1.79 per hour to the cost of a full-time employee. That would amount to the biggest hike in labor costs in American history. Employers in New York and New Jersey, where health plans are the most expensive, would be hit even harder. There, according to economist James Sherk of the Heritage Foundation, the employer requirement would add more than $2 an hour to the cost of employing someone.
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This item argues for the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.
