Capretta's Must-Read Congressional Testimony

James Capretta is testifying today before the House Ways and Means Committee on the Obama administration’s announcement of a delay in Obamacare’s employer mandate. Capretta’s testimony is an excellent and judicious summary of the implications of the Obama administration’s decision, along with a consideration of possible congressional responses. It’s reproduced below, and is well worth reading. His conclusion: “Therefore, this committee should seriously consider legislation that couples delays in the employer and individual mandates with a simultaneous delay in the entire exchange roll-out.”