The development carries too many implications to count. Politically, the administration is now vulnerable to claims that it is again delaying unpopular provisions of the law until after an important election. It’s also reinforcing the notion, propounded by the law’s opponents, that the whole thing is an unworkable mess that needs to be repealed.
This really is about the election. The notion that the Treasury/IRS goons have listened to business people in America and are being responsive and helpful is laughable. If you’re a real conspiracy fan, you can even posit that, since it’s obvious that Obama knows how much potential havoc it will wreak for Democrats at the polls, he’d prefer it be something that blows up in Hillary’s face in 2016.