Health Care
Health Care Entrepreneurs need certainty in this unsteady economy. Business owners are hesitant to hire workers, borrow money or expand operations because they are unsure whether a stable economic recovery is underway. This uncertainty stems directly from damaging Washington initiatives like the health care takeover that threaten investment and growth. Right now, businesses are facing more uncertainty than ever as we try to understand the impact that the new health care law will have on our families, our communities, and our economy. The nonpartisan Congressional Budget Office (CBO) projects the law will cost $940 billion dollars over the next decade. Add in the reconciliation bill that included a package of “fixes” to the underlying health care legislation, and the cost for this health care overhaul jumps to $1.2 trillion. All that money has to come from somewhere, so the law includes $569.2 billion in tax increases that will fall heavily on small businesses and other employers. Related Documents:
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The Hill: Graves and Snowe Demand Answers on 1099 rule
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