This President simply does not understand America's energy needs. Two weeks ago, this administration let politics trump policy by needlessly delaying the Canadian Keystone XL Pipeline. This is inexcusable. The pipeline would carry 1.1…

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

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.

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

Before I turn to the Ranking Member, Ms. Ingram, do you want to respond to that?

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

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

So, are you confident that that can be fixed?

If you could provide that to the Committee.

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.

And we have better proposals going down the line.

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

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.

Small businesses are the backbone of our economy.

Well, the IRS has mentioned their outreach efforts. And Inspector General George gave them a B on it, not a bad mark.

this tax credit was proposed as a means of helping to mitigate the high cost and rising cost of health insurance premiums for small businesses

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.

I appreciate your testimony.

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

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.

What is going on on our end?

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.

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