On Monday, President Obama signed into law a two-year bipartisan budget deal that has several implications for employers. The Bipartisan Budget Act of 2015 (H.R. 1314) suspends the debt ceiling limit until March 2017, and eases some of the effects of sequestration. The measure necessarily contains steps to generate revenue to pay for the spending hikes. In addition to eliminating the risk of a debt default until after the elections, these offsets to pay for the spending increases contain mixed news for employers.
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