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President Obama's Health Care Plan: Too Big, Too Expensive, Too Rushed
Date:7/23/2009

As one of the Nation's Leading Hispanic Small Business Advocates, TLC Urges Caution on Healthcare Reform

WASHINGTON, July 23 /PRNewswire-USNewswire/ -- The Latino Coalition (TLC) today joins the growing number of civic, business and public policy organizations - including elected representatives of his own political party - who have vigorously questioned the scope, cost and proposed implementation of President Barack Obama's endorsed Health Care Reform Bill, H.R. 3200, currently being debated in Congress. Amid the flurry of concerns raised by such an expansive piece of legislation -redirecting approximately 1/6 of our national economy and adding a Congressional Budget Office (CBO) estimated 1 trillion ($1,042 billion) dollars to the existing Budget Deficit over the next decade* - TLC's, Hector V. Barreto, today reiterated the many serious misgivings expressed by America's Hispanic small business owner community.

"Much has been said about the gigantic promise made by this legislation to bring healthcare coverage to virtually all of the roughly 42 million individuals in America who today lack it. But our empathy for these individuals would be woefully misplaced if the solution proposed to address their plight places an impossible burden on the back bone of our economy, that is, America's small and medium-size business owners," Barreto declared.

Heralded by supporters as the closest possible legislation to achieve the long awaited goal of universal coverage for all Americans, the 1,017-page Bill is being quickly moved through review by Members of the Democrat-controlled House of Representatives over the strong objections of Blue Dog Democrats -those who represent moderate or conservative leaning districts - and Republican legislators. Barreto echoes these misgivings and urges extreme due diligence on this landmark legislation. "Elected officials w
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SOURCE The Latino Coalition
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