Insurer Prudential Financial Inc. has announced they will take a $100 million charge in their first quarter because of the health care bill. Prudential joins AT&T, AK Steel Corp, 3M Co., Caterpillar Inc., Deere & Co., and Valero Energy in publicly stating that they will take significant charges due to a reduction in the tax deduction companies receive for providing prescription benefits to retirees.
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God Bless Our Soldiers!
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