Obama Admin. Delays Health Care Requirement

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A major component of President Barack Obama's health care overhaul is being delayed until 2015.

The administration announced Tuesday large companies do not have to implement the law on Jan. 1, 2015.

Business leaders say the delay will give companies more time to update their health care coverage before facing arbitrary fines.

The law requires companies with more than 50 workers to provide coverage to all full-time employees or face a series of tax penalties.

Pro-business groups complained that bureaucrats filled the provision with too many complicated requirements.

Kevin Kuhlman, with the Naional Federation Independent Business, said the employer mandate "began as a three-and-a-half page provision that got turned into 144 page regulation with 44 definitions."

Republicans say the delay just proves the law is unworkable and should be replaced with simpler reforms.

The delay is expected to help Democrats in the 2014 elections by muting a GOP line of attack.

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