Obamacare is an employment black hole, as evidenced by the Congressional Budget Office's latest estimate that Americans will work the equivalent of 2.5 million fewer full time jobs by 2024. Accordingly, the president has delayed the employer mandate another year in order to forestall additional political fallout prior to the mid term elections. This latest extension includes rules that empower the IRS to investigate why an employer reduced its workforce under the exempt cap of 100 employees.
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