How the new ACA announcement impacts your business

Last week, the White House announced that it will allow businesses more time to comply with new regulations stipulated under the Affordable Care Act (ACA).  Specifically, the Administration has delayed the mandate requiring businesses with more than 50 employees to provide health care coverage — moving it from 2014 to 2015. Here’s what the announcement means for your business: If you are among the ninety-six percent of small businesses with less than 50 employees, the...

Behind Declining Deficits: Encouraging Trends in Health Care Spending

Updated budget projections from the Congressional Budget Office released yesterday show that the deficit this year is on track to be the smallest since 2008, the start of the recent recession, and that debt as a share of total economic output is stable over the decade-long budget window and actually declining over the next several years. Fast falling deficits aren’t themselves good news – macroeconomists estimate that federal belt-tightening over the last two years has shaved two...