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Caterpillar: Health care bill would cost it $100 Million

Discussion in 'News & Current Events' started by carpro, Mar 19, 2010.

  1. carpro

    carpro Well-Known Member
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    http://www.chicagobreakingbusiness.com/2010/03/caterpillar-health-care-bill-would-cost-it-100m.html

    Caterpillar: Health care bill would cost it $100M
    Published on March 19, 2010 7:10

    Caterpillar Inc. said the health-care overhaul legislation being considered by the U.S. House of Representatives 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."
     
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