http://m.huffpost.com/us/entry/6524736
Elizabeth Warren explains how anti-obamacare bulk is corporate welfare
Elizabeth argues in a hearing that a bill would redefine a full time work week under affordable care act as 40 hours instead of 30 actually amounts to a break do corporations. She argues that the businesses must provide Heath care to only employees who work 40 hours a week or more rather than 30. A few replublicans and democrats agree with the bill saying that the 30 hour standard offers an incentive making them cut workers hours to get around obamacare which gives full time employees insurance. It has been made low key that it has been suggested businesses have not shifted workers to part time so they can avoid the obamacare rule. Part time work has called since the law was passed. Congressional Budget Offuce report found that the standard from 30 hours a week was shifted to 49 hours a week. This leads to many workers being at risk of having their hours cut. CBO proposed legislation would rise the need to cut workers hours from 40 hours to a little below. This makes a probability that 1 million workers could lose their insurance. This bill would make a burden come I to taxpayers as opposed to companies who have the burden now. She says "big corporations would get to cut health benefits for millions of workers, and push people out of their employer insurance plans. Some people will lose their health insurance all together. Other would be pushed onto federal programs, expanding the reach of Obamacare,and taxpayers would get stuck with the tab." These are a list of all of the repercussions.
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