Obamacare

Obamacare 'Is Going To Kill Off Small Business,' Says Home Depot Founder

Calls the program a "bullet to the temple" in an overregulated economy

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Retired Home Depot co-founder Bernie Marcus declared to Newsmax TV in an exclusive interview that "Obamacare is going to kill off small business."

"If [employees] are thrown out of their medical plans now, where they're covered in a good plan and thrown under the bus, they're going to be destroyed," Marcus said on Thursday. "If, in fact, they don't stay as full-time employees but go to part-time employees, they're going to be destroyed.

He talked to Newsmax at the Job Creators Alliance Free Enterprise Leadership Summit in Palm Beach Gardens, Fla.

"People have to understand that the villain is not their employer; the villain is the U.S. government," Marcus added. "Obamacare is the capper. That's the bullet to the temple."