On the recordMarch 21, 2010
Mr. Speaker, nearly two months ago President Obama stood here before the Members of the House of Representatives, the Senate, the Supreme Court Justices, his own Cabinet Members and millions of Americans who were watching on television to deliver his first State of the Union address. In that speech he declared that as economic uncertainty continues to plague our Nation the government must focus on policies that promote economic growth and job creation. My how things have changed in just two short months. Congress should be working to reduce the tax and regulatory burdens that hinder small businesses and ultimately overall economic growth and job creation. Instead, over the loud objections of a majority of Americans, the Majority continues to advance their health care reform proposal which sets the tone for a Washington takeover of the health care system. This legislation which contains a multitude of new federal regulations, mandates, new big government programs, and a significant increase in federal spending and debt, will be extremely detrimental to American businesses and particularly our small businesses, which will make job losses even worse. The legislation includes over $569 billion in tax increases and over $523 billion in Medicare cuts. This includes $52 billion in new taxes on employers, including small businesses, that cannot afford to provide health coverage or that don't offer coverage.…





