ETX businesses applaud ObamaCare delay

ETX businesses applaud ObamaCare delay

The White House announced a 1-year delay Tuesday in the requirement that small businesses with fifty or more full-time employees provide health insurance or pay fines for not doing it.

For those running the Corner Bakery in Tyler health insurance is just part of the equation. The 2010 Affordable Care Act completely changes how they provide benefits to the employees.

"It is confusing, how it's going to affect you," owner Robert Owens said. "At least they're stopping and going 'woah, wait a minute!'"

Owens said the coverage requirement will be expensive. He has 60 to 70 full time employees between two Corner Bakery's and Traditions restaurant.

The year-long extension gives him some breathing room for the first time in a while as he figures out how to pay for health insurance without jacking up prices and driving diners out the door.

The extension came as a surprise, although just last month the president admitted there could be setbacks.

"When you're implementing a program this large, there will be some glitches," President Obama said. "There are going to be some hiccups."

Congress has gone home for the July 4th break, but leaders of both parties were quick to comment--trying to spin the news to their advantage.

"This announcement means even the Obama administration knows the 'train wreck' will only get worse," House Speaker John Boehner said.

Democrats said it shows the White House is willing to work with the business community.

"Both the administration and Senate Democrats have shown - and continue to show - a willingness to be flexible," Senate Majority Leader Harry Reid said. "It is better to do this right than fast."

Owens hopes the break gives lawmakers some breathing room of their own.

"Come up with something that gives independent small business guys a chance to keep their head above water," he said. "It's still tough out there."


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