NRF: Retailers "Dismayed" by Affordable Care Act Decision
June 28, 2012,
WASHINGTON-The U.S. Supreme Court's decision to uphold the Affordable Care Act has brought a "disappointed" reaction from the National Retail Federation.
In a five-to-four vote, the Court upheld the key provisions of the law, according to press reports. President Obama signed the Affordable Care Act into law in 2010.
Shay said NRF had worked with lawmakers during the debate over the law to create a bipartisan act. "The law that emerged in 2010 was a controversial and partisan measure riddled with punitive mandates and penalties that were as unreasonable as they were unworkable," he said. He vowed that NRF "will redouble our efforts to repeal the law while we continue to work, in good faith, with regulators to smooth implementation for retailers and businesses alike."