On the recordMarch 3, 2011
I thank the chairman for yielding time. I'm an original cosponsor of H.R. 4 and proudly voted for this measure in the House Ways and Means Committee last month. Madam Speaker, today's debate marks the second time, over the course of 3 months, that the House has taken the opportunity to discuss the disastrous consequences the health care bill has and will continue to have on our economy. The House passed H.R. 2, which repealed the health care bill, with bipartisan support in January. Today we consider one of the many provisions of the bill that suppress economic recovery and job creation. The 1099 reporting mandate will impose substantial paperwork and reporting burdens on an estimated 40 million entities, including governments, nonprofits, and small businesses. Instead of fostering job creation in the private sector--which is what our economy needs--the previous Congress has passed a provision that would direct precious time and resources to collecting volumes of information and filling out mounds of new paperwork for businesses all throughout this country. Once the economic engine of this Nation, small businesses are now buckling under the weight of onerous mandates and high taxes from a Federal Government that spends too much, taxes too much, and borrows too much. As a result, unemployment in Nevada has reached record highs that currently stand at nearly 15 percent. Efforts to repeal the 1099 provision enjoy bipartisan, bicameral support.





