Wednesday, July 11, 2012

Health care law = 50% of small businesses less likely to hire

The SPEAKER pro tempore. The Chair recognizes the gentleman from Ohio (Mr. Stivers) for 5 minutes.
   Mr. STIVERS. Mr. Speaker, the House and Congress this week should pass the health care repeal bill because the President's health care bill is making the economy worse.
   I saw a recent poll that said 50 percent of small businesses are less likely to hire new employees because of the health care bill. As an example, in my district, I spoke to a small business owner who is scared to hire his 50th employee because it would subject his company to the mandates under the health care law.

   Greg Fortney, who is a small business owner, told me he has great concerns about the health care law. He said it would prevent him from expanding his operations and giving his employees a chance to grow their own businesses. To comply with the health care law, it would take all of the profits from his business, his annual profits, just to comply.
   We need small business owners focused on creating jobs, not worrying about complying with a new mandate.
   And it will tax our families who are struggling. Just last night, on a telephone town hall, I heard from a real estate agent who was concerned about the 3.8 percent tax on sales of homes that will go into effect in January of 2013. On a $100,000 home, that's $3,800, and it could make the difference between somebody being able to sell their home for a profit and a loss. So this isn't on the gain; this is on the net price. It has nothing to do with the health care bill. It was just a way to pay for the extra costs in the bill.
   The bottom line is that the health care bill is making the economy worse. It's hurting job creators and it's hurting our struggling families and hurting real estate values. We need to repeal it and start over by focusing on cutting costs in our health care system and improving the efficiency. If we have a real crisis in health care, it's a crisis of cost. 


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