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Hobby Lobby finds way around $1.3-million-a-day Obamacare hit - for nowBy Eric Marrapodi, CNN Belief Blog Editor Washington (CNN) - By Friday, Hobby Lobby would have racked up $14.3 million in fines from the Internal Revenue Service for bucking Obamacare. But in keeping with the great American tax tradition, they may have found a loophole. The company is facing $1.3 million a day in fines for each day it chooses not to comply with a piece of the Affordable Care Act that was set to trigger for them on January 1. The craft store chain announced in December that, because of religious objections, they would face the fines for not providing certain types of birth control through their company health insurance. Belief Blog's Morning Speed Read for Friday, January 11, 2013By Arielle Hawkins, CNN Here's the Belief Blog’s morning rundown of the top faith-angle stories from around the United States and around the world. Click the headlines for the full stories. From the Blog: CNN: Giglio bows out of inauguration over sermon on gays CNN: Obama to swear-in on a stack of historic Bibles |
![]() ![]() About this blog
The CNN Belief Blog covers the faith angles of the day's biggest stories, from breaking news to politics to entertainment, fostering a global conversation about the role of religion and belief in readers' lives. It's edited by CNN's Daniel Burke with contributions from Eric Marrapodi and CNN's worldwide news gathering team. ![]() ![]() |
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