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Today is Monday, May 21, 2012


Small business groups, WSJ finally find their voices on health spending bill HR 3962

The National Federation of Independent Businesses (NFIB) and the National Small Business Assn. (NSBS) suddenly are finding their voices on ObamaCare (HR 3962). But they and The Wall Street Journal still have to discuss the huge costs small employers would incur in an effort to comply with the bill and to qualify for tax credits provided for under the bill.

Impact graphs:

 

“With unemployment at a 26-year high, the punitive employer mandates and atrocious new taxes will force small business owners to eliminate jobs and freeze expansion plans at a time when our nation’s economy needs small business to thrive,” Susan Eckerly, senior vice president of one of the most powerful small-business lobbying groups, the National Federation of Independent Business, said in a statement Saturday.

Added Molly Brogan, spokeswoman for the National Small Business Association: “We have serious concerns about the bill’s cost-containment and the long-term implications of the employer mandate and the surcharge tax.”

Links

Small Business Crunches Numbers

Karen Kerrigan: ObamaCare (HR 3962) burdens small employers with higher costs, crushing taxes The Business Word.

Why health spending bill (HR 3962) is anti-Colorado. The Business Word.

How Pelosi health insurance deform bill (HR 3962) gets small employers. The Business Word.

Wellpoint (WLP): Health reform will hike costs for Colorado’s young, lower costs for high risks. The Business Word.

Sen. Baucus’ health insurance bill would impose huge administrative burdens on small employers. The Business Word.

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