Detailed text transcripts for TV channel - FOXNEWS - 20121113:14:47:00
Businesses, there is twofold impact. a lot of businesses will not hire full-time workers. they will, a lot of firms will cut back on hours to save on labor costs. the other thing to think about, bill, there is a 50 employee limit. if you're under 50, a lot of these laws don't apply. if you go over 50 employees they do. it means a lot of businesses are telling me i'm not going to hire that 50th or 51st employee because i can't afford all these new costs. the point is this will hurt employment at a time when we have high unemployment rate. a lot of members of congress saying whoa, maybe should p...