On the recordJuly 10, 2012
I would like to address the comments made by the gentlelady from Texas who claimed that 4 million small businesses are going to be able to take advantage of this tax credit and how much it was going to help. We requested a GAO study and found that only 170 small businesses have even taken partial advantage of this credit. This bill is grossly ineffective, it does not work, and it hurts small businesses. I would urge my colleagues to vote to repeal this piece of legislation and help get this economy finally rolling so we can pass some real reforms when it comes to health care. With that, I yield back the balance of my time.
Source
govinfo.gov




