Jarrett on Health Care: ‘Business Will Come Out Way Ahead’

Funny that business doesn't feel that way.

The White House’s chief business liaison defended the new health-care law against corporate complaints over.

White House senior adviser and business liaison Valerie Jarrett said Sunday that the more than $2 billion in writedowns announced by companies anticipating higher benefits costs “is nothing compared to the enormous financial benefits to those very same companies by health insurance reform.” Speaking on ABC News’s “This Week,” Jarrett said the administration is “taking a number of measures that will dramatically reduce the cost [to] business. So on balance, business will come out way ahead, and that was one of the president’s objectives.