Political Quotes

Nydia M. Velazquez: What will small businesses lose if health care reform is repealed? The small business tax credit of up to 50 percent…

On the recordJanuary 18, 2011
What will small businesses lose if health care reform is repealed? The small business tax credit of up to 50 percent will be lost. Insurers will be able to continue price gouging. Insurers will be able to deny small businesses coverage without any justification. New health insurance options for small businesses will be eliminated. Small businesses will be unable to pool resources to purchase coverage. Insurers will be able to delay small businesses' access to health insurance. New health options for the self-employed will be abolished. I urge a ``no'' vote. And I hope that we spend the remainder of this Congress on measures that truly get small businesses hiring and creating jobs. What we need is to get this economy back on track. By repealing health care reform, we will not achieve that. I yield back the balance of my time.
Said by
Nydia M. Velazquez
New York
Source
govinfo.gov
Jan 18, 2011

Editor's note · Context

The speaker addresses the potential negative impacts of repealing health care reform on small businesses.

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