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The Burden of Small Business

July 19, 2009

In the last 10 yearss 72% of employment growth has been in small businesses and today they are the linchpins in any economic revival.

Will the Democratic Plan for health care help?

Democrat Health Plan “Wholly Unacceptable”
July 15, 2009
Business News

For Immediate Release                     Contact: Karen Kerrigan, July 15, 2009

Small Business Groups Calls Democrat Health Care Plan “Wholly Unacceptable”

Washington, D.C. – An advocacy organization representing entrepreneurs said the health care plan proposed by House Democrats would punish small business owners who are already struggling under harsh economic conditions, and do little to make health insurance more affordable for their workforce and the uninsured.  According to the Small Business & Entrepreneurship Council (SBE Council), the costly plan would accelerate job loss and lead to business closures as the employer mandate and excessive taxes and penalties would make it financially unfeasible for many firms to compete.

“It’s extraordinary that House Democrats continue to advance this wholly unacceptable scheme. Either they are dreadfully out-of-touch, or just plain contemptuous of small business owners,” said SBE Council President & CEO Karen Kerrigan.

According to Kerrigan, many small businesses are struggling to access and keep health insurance on top of juggling other financial pressures during the rough recession.  Imposing taxes and a costly mandate during a period when they are already cutting jobs and investment is economically foolish.

“Why are House Democrats trying to ply more capital and resources out of the private sector when businesses and the economy need every penny it can get it hands on?” asked Kerrigan.

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