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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: Sully- who wrote (78516)3/25/2010 9:15:54 PM
From: Sully-  Read Replies (1) of 90947
 
Job Creation Here We Come

By: Jonah Goldberg
The Corner

Press release:


<<< DEERE SAYS NEW HEALTH CARE REFORM LAW WILL INCREASE 2010 EXPENSE BY $150 MILLION AFTER-TAX

MOLINE, Illinois (March 25, 2010) — Deere & Company announced today that the Patient Protection and Affordable Care Act signed into law this week will adversely impact its expenses for fiscal 2010. As a result of the legislation, the company's expenses are expected to be about $150 million higher on an after-tax basis, primarily in the second quarter. This impact was not included in the 2010 outlook for net income attributable to Deere & Company of approximately $1.3 billion disclosed in the company's first-quarter earnings report on February 17th. >>>
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