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In the days before the Aug. 15 holiday, the government tried to change the subject by publicizing some impressive military breakthroughs. The country activated the atomic reactor for its first Made-in-India nuclear submarine over the weekend, for instance, and followed that up with the launch of its first home-developed aircraft carrier. The 37,500-ton ship won’t actually be operational for several more years, so the debut seemed timed to provide a nice setup for Independence Day.
The analysts said the delay will add to the cost of “Obamacare’s” insurance-coverage provisions over the next 10 years. Penalties paid by employers would be lower and more individuals who otherwise might have had employer coverage will need federal insurance subsidies.
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