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Saturday, October 29, 2011

Question For Nancy Pelosi On Obamacare Waivers- 'Is McDonalds a "Small" Company'? ... What About The Others?

By Susan Duclos

Via RCP: (click link to watch video)

"They're small. I couldn't speak to all 1,800 of them, but some of the lists that I have seen have been very, very small companies. They will not have a big impact on the economy of our country," Nancy Pelosi said in an interview with CNBC.

McDonalds, one of the nation's largest employers in recent years, has received a waiver.

USA Today:

Nearly a million workers won't get a consumer protection in the U.S. health reform law meant to cap insurance costs because the government exempted their employers.

Thirty companies and organizations, including McDonald's (MCD) and Jack in the Box (JACK), won't be required to raise the minimum annual benefit included in low-cost health plans, which are often used to cover part-time or low-wage employees.

The Department of Health and Human Services, which provided a list of exemptions, said it granted waivers in late September so workers with such plans wouldn't lose coverage from employers who might choose instead to drop health insurance altogether.

Without waivers, companies would have had to provide a minimum of $750,000 in coverage next year, increasing to $1.25 million in 2012, $2 million in 2013 and unlimited in 2014.

Big unions also were granted waivers.

McDonalds got a break Thursday -- as did the 351,000 members of the United Federation of Teachers -- when the federal government gave waivers to high-profile companies and organizations letting them opt out of a key mandate in the new health care law.

Other big companies include Waffle House, Universal Orlando, Ruby Tuesday and AMB Bowling Worldwide.

Nancy Pelosi just thinks she can publicly lie and that Americans are just too stupid to recognize those lies and call her on them.

(Corrections and additions made to this post and headline)