Tuesday, March 23, 2010

Health-care reform can lick auto industry

Health-care reform.jpg    Major automakers and their suppliers, with manufacturing in the U.S., closely followed the White House legislative initiatives in health. Writes Automotive News, citing the statement of the National Association of car dealers in the U.S. (NADA), companies such as General Motors and Honda, are afraid that a revolutionary reform of the health of the nation, adopted by the government Barack Obama will be
a heavy tax burden for large companies.

   Recall that the health care reform, designed to ten years, has a record budget approaching a trillion dollars, but the government plans to recover these funds through new taxes. Thanks to the 32 million Americans should get health insurance - in many cases by employers. Note that during the bankruptcy of GM and its related layoffs extension of insurance for employees going on early retirement, has become one of the largest expenses for the group.

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