Farm equipment manufacturers take deep hits from ObamaCare

Wages of the nanny state.

(By Ed Morrissey, Hot Air) - Caterpillar announced last week that it would take a $100 million hit from the mandates in ObamaCare, and yesterday, they made it official. As a publicly-traded firm, Caterpillar had to reveal the major change to its financial standing to its investors...

As it happens, Caterpillar isn’t alone, not even among its competitors. In fact, the massive charge actually amounts to 'less' than what John Deere had to announce today...