Transcript of Lungren Speech:

"Thank you very much, Mr. Speaker.

"It's interesting to listen to this debate. it's almost as if those on the other side haven't been home and haven't seen what's really occurring. the folks back home know that when you're talking about the effects of the stimulus package, it has created government jobs but we have lost considerable jobs in the private sector.

"In fact, the overall employment numbers are down in terms of the people even seeking jobs, by more than a million. And that's progress? If you really want to do something, get rid of this whole bill and instead pass a bill that gets rid of one of the most destructive things we have with respect to small business. That is section 9006 out of the health care bill. Has nothing to do with health care, has everything to do with adding tremendous new burdens of paperwork on businesses.

"It requires anybody involved in a business or trade, any time they purchase over $600 from any entity or individual, cumulative, they have to file a 1099, a 1099. Not because you have any obligation to pay payroll tax but because somehow we think everybody cheats, because somehow we want to have a paper trail for every purchase you make. It is the universal snitch act. We don't trust fellow Americans. A government that doesn't trustits citizens is a government that the citizens will not trust. What we ought to do is just get rid of this bill and instead eliminate 170 words out of the 340,000 words in the so-called health care bill.

"Talk to your small businesspeople, ask them what they think would help them increase the opportunity to provide jobs. They will tell you this is number one on their list. We ought to bring it to the floor immediately and we ought to get rid of this nonsense where we don't trust fellow citizens.This idea -- just to give you one example, one person who actually deals in the sale of gold coins said that he will have to file between 10,000 and 20,000 1099's next year. Every single business person will you talk to will tell you how incredibly stupid this is, number one, and number two, it will create a disincentive for people to go to small business.

 

"Because if you want to diminish the number of 1099's you file, you won't go to your local restaurant, your local hardware store, you'll only go to the big chains. It is absolutely destructive. If you really want to do something, get rid of this bill and instead support the repeal of that section of the health care bill that has nothing to do with health care but has everything to do with damaging small business and jobs in this country."