For American businesses, uncertainty over the health care law is anything but over. the Supreme Court upheld Obamacare on Thursday-including the individual mandate that forces most Americans to have insurance-it made the issue even more political, promising it ultimately will be decided in the November presidential election.
The law has been criticized by Republicans including Presidential candidates Mitt Romeny . GOP candidate vowed to repeal the act if elected, while President Obama said he would move forward in implementing it. U.S. corporations are sitting on more than $1.2 trillion in cash - $3.5 trillion counting the financial sector - that has not been deployed, in large part due to anxiety over health care, the looming fiscal cliff in Washington, and the European debt crisis.