Political Quotes

On the recordSeptember 13, 2010
Mr. President, never before in history has an administration claimed to have so much love for small businesses. In fact, the President recently stated: This is as American as apple pie. Small businesses are the backbone of the economy. They are central to our identity as a nation. They are going to lead this recovery. It seems virtually every news story, every speech, every forum includes something about standing up for small business. Small business owners should love that; right? Yet they are up to their eyeballs with this administration. They are so darn angry they could spit fire. Why? Because they are tired of the President and others saying one thing and then doing another. A perfect example, a prime example, is the 1099 paperwork mandate in the health care law. Why on Earth would the administration bury businesses in costly paperwork while claiming publicly to support them. I am talking about, of all things, section 9006 of the new health care law. It is buried in the health care bill at page 737. This provision illustrates this administration is absolutely tone deaf to the plight of small businesses. It says, if a business purchases more than $600 of goods or services from another business, they will be required to provide the business and the Internal Revenue Service with a 1099 tax form. The new mandate will affect all kinds of businesses, not to mention nonprofits, local governments, and State governments.…
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Mike Johanns
Republican · Alaska

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