The Obama Administration surprised many people by postponing a key part of Obamacare until 2015. Experts think the decision will wind up impacting you in ways you haven’t realized.
And that affect, according to political analyst Chris Begala is on you, the small business owner.
“It allows small business for one more year to kick the can down the road on their accounting principles and practices,” Begala told KTRH.
But Begala also thinks that the impact over the long haul will be minimal unless it is postponed again.
“It’s still inhibiting economic growth. Why would small businesses invest? You don’t invest for 12 months. You invest for five to ten years,” Begala explained.
But helping small businesses may not be the only reason why the Obama Administration made the move. Rice University's Mark Jones told KTRH there is a bigger motive behind this week’s decision.
“This is a move to avoid the negative fallout in the 2014 mid-term election,” Jones told KTRH. Given that this is the last election Obama will be involved in he wanted to make sure the ability of Republicans to use Obamacare and its negative impacts will be minimized.”
All Congressional seats are up for grabs in 2014, and Texans will vote on the Senate seat currently held by John Cornyn.