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Politics : Politics for Pros- moderated

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From: LindyBill	3/26/2010 1:42:35 AM
	1 Recommendation of 793838

"Job Creation Here We Come [Jonah Goldberg] 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." corner.nationalreview.com

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