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Commentary: Act will impose new burdens on consumers, businesses
0303Grace-Marie Taylor
Grace-Marie Taylor
With unemployment stubbornly high and economic growth shrinking, it is clear the economy is headed in the wrong direction. And the Affordable Care Act is a major cause.Employers are resisting hiring new workers, at least partly to avoid the high costs of the law’s mandated health coverage. The health law will require all employers with more than 50 workers to provide health insurance or pay a fine of $2,000 to $3,000 per worker every year.These added costs rob companies of money to grow their businesses and hire new workers.