Green Room

Cheesecake Factory CEO: ObamaCare is going to be “very costly” to small enterprises

posted at 5:07 pm on December 3, 2012 by

Possible incoming surtax on cheesecake? Dagger.

“For those businesses that don’t cover their employees, they’ll be in for a very expensive situation.” Overton also warned that the cost of the law would be passed on to customers. …

The restaurant chain executive pointed out that, unlike many businesses, The Cheesecake Factory is “already…paying a great deal in health care. So, we’re not sure how much more it will be – or how much less – or what exactly we’ll do. So, for us, it won’t be as bad as it will be for others, which it will be very costly.”

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