Reducing Uncertainty


Republicans have been concerned about regulatory “uncertainty” holding back economic recovery, and the compromises reached during the lame duck session certainly helped to reduce uncertainty. However, the Wall Street Journal reports that at least one source remains:

The Republican gains in Congress in November’s election added new questions to the outlook for health-insurance costs borne by companies. Since then, some party leaders have said they aim to reverse or at least starve the Obama health-care law; meantime, lawsuits challenge some aspects of it. “You don’t know where it’s going to go,” said Robert J. Olson, CEO of Winnebago Industries Inc., a maker of motor homes.

So I guess the Republican caucus will listen to the business community and abandon its efforts to repeal little bits and pieces of the healthcare reform law. Right?

(Actually, it really is possible that both the healthcare sector and the business community in general, after they take a look at what kind of chaos might ensue from ad hoc partial defunding, will put some real pressure on Republicans to stand down on this. That would be an interesting turn of events, no?)

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