Charles Boustany

This tax credit is not achieving that goal of helping to bring down those costs

If you could provide that to the Committee.

I appreciate your testimony.

We're talking about a relatively new tax credit that appears to be somewhat complex for the small business owner trying to navigate through it.

Thank you, Mr. George.

Although the credit does not appear to be providing meaningful assistance to small business owners, it is still the IRS's job to implement it.

Two years later, we see that the results do not match up to the promises.

As a former small business owner running a small medical practice in Louisiana, I certainly know the challenges facing small businesses across this country.

They account for more than half of America's private gross domestic product.

Much of the President's new health care law will be administered by the IRS, and this is the first credit provision to come into effect.

The problem is worse today than ever before. The cost of premiums for family policies have gone up by an average of 9 percent in the past year.

As our economy struggles to recover from the worst downturn since the Great Depression small businesses are bearing the brunt of the pain.

Small businesses are the backbone of our economy.

Chairman Boustany Announces a Hearing on Small Business Health Insurance Tax Credit

Let's repeal this failed program. Let's move forward and come up with responsible policies and move the ball forward in health care.

The bill is really simple. It repeals the CLASS Act, as the program has been shown to be fatally flawed.

So looking at the WTO government procurement agreement progress, clearly China is dragging its feet, and I know that has been a top priority in these discussions.

What is the holdup there?

What is going on on our end?

My home State of Louisiana is a maritime state and we depend very heavily on trade and exports.

Because bottom line is we need to make sure the program is working.

But consistent with the purpose of the benefit, should there be a requirement that UI recipients must search for work every week, with only very few limited exceptions, perhaps for those expected to return to a former job?

But, you know, in thinking about the purpose of unemployment benefits, clearly they are designed to provide financial support while an individual looks for another job.

I am certainly concerned about our competitiveness, especially with the chemical industry in my state

It is not inconceivable that just without any strategy--this is the markets working, looking to find this stuff, getting access right now on private lands.