Small Business Committee Chairman Hails Passage of ObamaCare Repeal Bill
WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) praised legislation approved by the U.S. House today to repeal the heart of Obamacare. Passage of this sweeping bill comes days after the health care law’s onerous employer mandate went into effect for small businesses with as few as fifty full-time employees. The measure will now go to President Obama’s desk for his signature or veto.
“For over five years, America’s small businesses have been paying the price for the President’s failed health care experiment through lower wages, higher taxes and the cost of burdensome regulations,” Chairman Chabot said. “For the sake of small businesses, which employ half of the American workforce, we must repeal ObamaCare and replace it with a 21st century health care system that is affordable, responsive, and efficient."
Two recent studies from the National Small Business Administration (NSBA) and the National Federation of Independent Businesses (NFIB) have demonstrated the burden Obamacare is placing on America's small businesses as they face major cost increases and struggle to navigate the confusion and complexity of the new system.