Why Small Business is Worried: Two Big Reasons

by: admin
2012-07-09
Source: texasinsider
01/08/2020

61 Representatives 12 Senators advise Governors not to implement state-run ObamaCare exchanges

By Cong. Jim Jordan

Texas Insider Report: WASHINGTON D.C. Economic reports over the last few months have not been good and Ive heard from a number of small business owners who are very concerned about the future. The Presidents health care law is a big part of the problem. As many employers explained to a news station in the D.C. area ObamaCare will mean not hiring new workers not growing their business and some say theyll just pay the penalty rather than having to cover all of their workers." The same concerns were also voiced in this article with multiple employers saying the law will lead to fewer full-time jobs and more temp and part-time work. This law isnt affordable it doesnt protect patients and it isnt good for our economy. Those are three big

reasons why the House of Representatives will vote again to repeal it later this week. ObamaCare isnt the only obstacle to a healthy economy though. Earlier today President Obama publicly demanded higher taxes on families and small businesses who already pay a 33 or 35 income tax rate. In what universe can politicians impose such a high tax rate and still accuse you of not paying your fair share?" Not to mention the people targeted by liberals are the exact people whose private investments and risk-taking create the kind of jobs America needs. Newsflash: raising taxes on job creators makes them less likely to create jobs. The real impediments to job creation are President Obama and the Democrat-controlled Senate. Unless they move past their ideological belief that government spending taxation and regulation are the answers to every problem we will all suffer the consequences. RSC Member Activity RSC members make it a priority to introduce productive conservative solutions for Americas future.

61 Representatives and 12 Senators led by RSC Chairman Jordan (OH-04) Rep. Michele Bachmann (MN-06) and Sen. Jim DeMint (SC) sent a letter to all 50 governors urging them not to implement state-run ObamaCare exchanges which could spare businesses in their states from potential added costs of $3000 per employee.

Outlook A quick look at whats on the horizon.

On Wednesday the House is expected to vote on the Repeal of ObamaCare Act.
On Thursday the House will vote on H.R. 4402 the National Strategic and Critical Minerals Production Act which will streamline the approval process for the mining of rare earth metals.

RSC Reports