Political Quotes

“Madam Speaker, I rise today in support of the Small Business Paperwork Mandate Elimination Act, as I believe it serves as a critical step in the ongoing process of preventing last year's health care law from destroying American jobs. We cannot ignore the cries from businesses around the country that the 1099 reporting requirement is an unnecessary burden that will cost jobs. In a time when our economy is struggling to emerge from one of the worst recessions in generations, we must work to free small businesses from onerous regulatory burdens. We cannot afford to promote policies that use needless paperwork as a means to strangle growth and prosperity. The 1099 reporting requirement on transactions greater than $600 was included in the health care overhaul without consideration of the individuals, families, and small businesses that would suffer as a result. By devoting more resources to comply with this new requirement, we are preventing businesses from doing what is essential: creating jobs. But the disregard for small businesses did not stop there. Last fall, the 1099 reporting requirement was expanded to include rental property expense payments. Instead of recognizing the disastrous effect of this new requirement, there were those in the last Congress who decided it was a good idea to expand it. Now we are left with even more taxpayers who will suffer the consequences of an already misguided regulation. Today we have the opportunity to correct the mistakes of the past.…”