On the recordMarch 22, 2013
Mr. President, let me thank the ranking member of the Budget Committee for all of his incredibly hard work on this issue. It is a hopeful sign that the Senate is finally debating a budget to set priorities for Federal spending and revenues in the coming year. While I am disappointed that we failed to perform this fundamental duty for the past 4 years, and that the budget reported by the Budget Committee is, unfortunately, a partisan one, I nevertheless welcome this budget debate. I wish to describe the amendments I will be offering to the budget resolution later today. The first of these amendments is No. 144. It would create a deficit-neutral reserve fund for the purpose of correcting ObamaCare's definition of what is a full-time employee under the law. This amendment would allow employees to work more than 30 hours a week without triggering possible penalties on the businesses that hire them. ObamaCare requires businesses with 50 or more full-time employees to provide qualified health insurance to their workers or face onerous penalties. These penalties begin at $40,000 for businesses with 50 employees, plus $2,000 for each additional ``full-time equivalent'' employee. These penalties are a huge disincentive for any small business that wishes to grow and add new jobs. One Maine business I know has 47 employees, and it would like to hire more but won't because of these onerous penalties.…
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