[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 6388]
[From the U.S. Government Publishing Office, www.gpo.gov]




           THE SIDE EFFECTS OF HEALTH CARE REFORM ON BUSINESS

  (Mr. BURGESS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. BURGESS. Mr. Speaker, American business owners, large and small, 
have been telling the majority in this body for months that these 
health care bills were flawed and there is going to be a cost. There's 
going to be a cost in money--a lot of it--and a cost in jobs. AT&T had 
to restate earnings, lowering their earnings projections to $1 billion 
for the first quarter; John Deere & Co. $150 million, and it goes on 
and on.
  The National Federation of Independent Business have said that the 
complicated and restrictive tax credits included in the bill actually 
help no one. And paperwork and increases in Medicare costs will cost 
small businesses millions of dollars and, in fact, cost the country 
millions of jobs.
  Democrats claim that because of this new law, small businesses will 
no longer have to choose between hiring new employees and offering 
health insurance. Well, that's fantasy, and we all recognize that. 
Right now, small businesses across the country are making the decision 
that right now is not the time to hire. There is simply too much 
uncertainty that is created by this bill.
  It should be no surprise that this bill will cost American companies 
millions of dollars. It will cost Americans millions of jobs. But 
Democrats express shock and disbelief when businesses, large and small, 
say the bill will cost them millions. That is just simply an 
inconvenient truth.

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