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AT&T to Take a 1 BILLION Dollar hit for Healthcare Reform Charges
#10
Mr.Kimball Wrote:Ah, just your every day Joe consumer, plus those AT&T retirees taking a hit as well. I believe you may have several family members that may be some of the those who will be taking that hit, Hoot?
Yes, I believe that I do. $1 billion dollars will employ quite a few current workers as well. I will not be surprised to hear AT & T announce some permanent layoffs or an early retirement program.

AT & T has announced the biggest charge, but other companies have also announced similar charges, including 3M and John Deare. Robert Gibbs says that they are exaggerating their losses. I guess they can expect an extensive IRS audit soon.

Obama will not hesitate to put those 16,000+ new IRS agents to work when companies embarrass him by blaming losses on Obamacare. He has a legacy to defend.
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AT&T to Take a 1 BILLION Dollar hit for Healthcare Reform Charges - by Hoot Gibson - 03-26-2010, 11:39 PM

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