Wednesday, July 1, 2009

Zen Price Rollback of the Day

Has the corporation Americans love to hate (and shop at) seen the light? Wal-Mart, the nation's largest private employer, teamed up with the SEIU and Center for American Progress on Tuesday to announce its support of a health-insurance mandate requiring large companies to provide their workers with coverage. The New York Times notes that the company has a specific condition: "In its letter, the company says that if Congress imposes a requirement that employers offer insurance, it must also offer a guarantee to business that health-care costs will in fact be contained, perhaps through a so-called trigger mechanism that would impose reductions if certain spending targets were not met."

- The Daily Beast

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