But it will save money, right?

Caterpillar: Health care bill would cost it $100M - Chicago Breaking Business
Caterpillar: Health care bill would cost it $100M
Published on March 19, 2010 7:10 AM | Submit a comment
Dow Jones Newswires | Caterpillar Inc. said the health-care overhaul legislation being considered by the U.S. House would increase the company's health-care costs by more than $100 million in the first year alone.

In a letter Thursday to House Speaker Nancy Pelosi (D-Calif.) and House Republican Leader John Boehner of Ohio, Caterpillar urged lawmakers to vote against the plan "because of the substantial cost burdens it would place on our shareholders, employees and retirees."
Caterpillar, the world's largest construction machinery manufacturer by sales, said it's particularly opposed to provisions in the bill that would expand Medicare taxes and mandate insurance coverage. The legislation would require nearly all companies to provide health insurance for their employees or face large fines.

The Peoria-based company said these provisions would increase its insurance costs by at least 20 percent, or more than $100 million, just in the first year of the health-care overhaul program.


Comments

Post a Comment

Popular posts from this blog

No one spoke to Blago, except Rahmbo multiple times...

The dominoes keep falling... but he can't talk about it because, well you know, he's dad... Rahm Emanuel Reportedly Spoke with Blagojevich About Senate Seat Conversations with Governor? Chicago -- The firestorm surrounding Governor Blagojevich is putting some heat on Barack Obama’s transition team. Fox Chicago News has learned about possible conversations between a top Obama aide and the governor regarding the open senate seat. Craig Wall has the exclusive.
Read more

Obama spokesperson confirms NY Post article

Well, it sure sounds like she did ; In the New York Post, conservative Iranian-born columnist Amir Taheri quoted Iraqi Foreign Minister Hoshyar Zebari as saying the Democrat made the demand when he visited Baghdad in July, while publicly demanding an early withdrawal. “He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,” Zebari said in an interview, according to Taheri. “However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops, rather than keeping the matter open,” Zebari reportedly said. … Obama’s national security spokeswoman Wendy Morigi said Taheri’s article bore “as much resemblance to the truth as a McCain campaign commercial.” In fact, Obama had told the Iraqis that they should not rush through a “Strategic Framework Agreement” governing the future of US forces until after President George W. Bush leaves office, she said...
Read more

What a load of crap!

Ok...for starters its called wolf control . The killing of wolves either via the air or the more traditional ways saves moose and caribou which is the intent. And also Alaskans rely on deer, moose, caribou and other wildlife for food . These dumb asses would rather have you believe that Palin is hanging out the side of the helicopter screaming in hysterical joy while she slaughters these poor defenseless wolves. And isn't that really the point anyway.
Read more