The fears are unanimous. ObamaCare is too expensive. It is a government takeover of our healthcare system. Services will be diminished. The patient-doctor relationship will be eliminated. It will not make healthcare more affordable. And it will bankrupt small businesses.
Small businesses are seeing huge rate increases every year, and more and more of them are saying they just can't afford to provide coverage. That's part of the reason more than 45 million Americans are now uninsured.
This is deeply disturbing. Congress provided loans to help businesses hurt by the Sept. 11 attacks, not to be used as an accounting gimmick to cover up this administration's failure to provide for small businesses.
It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.
I represent a rural state and live in a small town. Small merchants make up the majority of Vermont's small businesses and thread our state together. It is the mom-and-pop grocers, farm-supply stores, coffee shops, bookstores and barber shops where Vermonters connect, conduct business and check in on one another.
I saw that on Small Business Saturday, the president went shopping at a bookstore and bought 17 books, including "The Laughing Monsters," "Being Mortal," and "Heart of Darkness." Or as the cashier put it, "You OK, man? Maybe a little 'Chicken Soup for the Presidential Soul?'
I've built companies, I've created jobs, I know the frustration of small businesses with higher taxes.
Student loan debt is crushing young people. And so they're not doing the things we would expect them to do. They're not moving out of their parents' homes in as big a numbers, they're not saving up money for down payments, they're not buying homes or cars or starting small businesses or doing any of the things that help move this economy forward.
I'm fighting for small businesses. I'm not fighting for big oil. Don't be confused. And there are thousands of businesses in this state that are at great risk. Meanwhile, the country keeps guzzling the oil, but we're out of work down here. We need to get back to work to build this region, and we intend to do so.
I think the knowledge about how legislation really affects small businesses is extremely valuable. If you haven't run a small business, then you don't have this kind of knowledge about how a regulation passed or taxes increased affects your bottom line. If you recognize that every new regulation takes that much more time to comply with, requires that many more employees, then it really gives you that foundational basis to make those decisions.
While other industries have suffered, the nonprofit arts world continues to build in strength while it encourages the growth of innumerable small businesses on its periphery, thereby creating more jobs.
I believe the best way to help our small businesses is not only through small-business loans, which we have increased since I've been the president of the United States, but to unbundle government contracts so people have a chance to be able to bid and receive a contract to help get their business going.
In fact, the legal system is in part responsible for their very size and growth. And too often when the individual finds himself in conflict with these forces, the legal system sides with the giant institution, not the small businessman or private citizen.
We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.
The majority of Americans receive health insurance coverage through their employers, but with rising health care costs, many small businesses can no longer afford to provide coverage for their employees.
When you can identify a specific tax that people don't like, and this is one that was designed for the Rockefellers, for the Carnegies in 1916, to fund World War I, but now it's beginning to hit small business people, real estate holders, a lot of people well down the income scale who just spent a life building assets. Suddenly they get hit with a 40%, 50% tax rate.
As a former small business owner, I recognize both the important role small businesses play in our economy and the broad universe of challenges that small business owners face in trying to make ends meet.
Obamacare won't just bankrupt the country. It may bankrupt small businesses. It may bankrupt individuals.
In the Gulf region and nationwide, small businesses are an integral and crucial part of local economies and communities. They should not be overlooked.
Most small-business owners will tell you they don't want Obama 'boosting' them. They just want him to get out of the way.
Having what I call crony capitalism, where you take money from successful small businesses, spend it in Washington on favored industries, on favored individuals, picking winners and losers in the economy, that's not pro-growth economics. That's not entrepreneurial economics. That's not helping small businesses. That's cronyism, that's corporate welfare.
I think what grows the economy is when you get that tax credit that we put in place for your kids going to college. I think that grows the economy. I think what grows the economy is when we make sure small businesses are getting a tax credit for hiring veterans who fought for our country. That grows our economy.
In October 2008, when the credit crunch hit, small businesses were really crushed by the lack of capital.
Our party [Republicans] has been focused on big business too long. I came through small business. I understand how hard it is to start a small business. That's why everything I'll do is designed to help small businesses grow and add jobs. I want to keep their taxes down on small business. I want regulators to see their job as encouraging small enterprise, not crushing it.
Most Americans are more concerned about the economy and job creation. And they can't understand why the Obama administration or the Democrat majority in Congress wants to pass a bill like the cap-and-trade tax that will cost us jobs, that will hurt our economy, that will drive up costs for families, as well as for small businesses.
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