Speaker Pelosi's Health Care Passes; Small Businesses Brace for Higher Taxes, Mandates
This evening, H.R. 3962, Speaker Pelosi’s health care bill, passed by a vote of 220 to 215. According to the Joint Committee on Taxation, one-third of the total estimated cost of the bill will be paid for by increasing taxes on businesses.
Ranking Member Sam Graves (R-MO) of the House Small Business Committee offered an amendment to strike the employer mandate on businesses, yet the amendment was not made in order by the House Rules Committee for floor consideration. His remarks on the House floor today:
(Remarks as prepared)
I rise today in opposition to this rule and the underlying bill.
However, rather than embrace solutions that enjoy the unanimous support of the small business community, this bill takes a government heavy approach that fails in its goal to make health insurance more affordable.
What is more unfortunate is that the bulk of funding for the health care bill is balanced on the backs of small business owners and entrepreneurs.
I offered an amendment to the Rules Committee to provide relief to these jobs creators by striking the mandate and tax on employers, but my fight fell on deaf ears.
The tax increases included in this bill are job killers, pure and simple.
At a time when the nation’s unemployment rate exceeds 10% for the first time in 26 years, the first goal of this body should be improving the economy and creating jobs.
Real solutions exist to the problem of affordable health care. This bill is not that solution. I urge all my colleagues to vote against this rule and the underlying bill.