Passing a bipartisan 40-hour work week bill makes Obamacare better for Americans and American busine


BloombergTV

On Monday, I talked with Bloomberg TV’s “Street Smart” host Trish Regan about Obamacare’s impact on business, employees and the economy. During the segment, we discussed the Supreme Court’s recent decision to hear a case on the legality of Obamacare’s federal exchange subsidies. From a legal standpoint, I personally don’t see the Court upholding the federal exchanges.

Further into the discussion, I also pointed out that thanks to the ACA, employee work hours are being reduced to a 30-hour work week.  That’s hardly a sound strategy to increase people’s income. Another effect of Obamacare is that it’s slowing business growth.  That’s hardly a sound strategy to boost our economy.  Unfortunately, the current execution of Obamacare is resulting in a lot of negative repercussions across the board.  We need to pass the “40 hours is full time” bipartisan bill that redefines full-time work as 40 hours per week. That would be a step in the right direction for employees and for business.

To view the full Bloomberg TV segment, click here.

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