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The Reid Bill and What We Know: Higher Taxes and Less Capital - Higher Health Costs and Red Tape for Small Business
Date:12/17/2009

ng down the cost of health insurance and improves the quality of the system, but they see a massive tax and spending bill that will make their own personal situation much worse.

"Legislation that revamps one-sixth of the economy should not be secretly designed by a small band of partisans who are merely trying to get to sixty votes," said Kerrigan. It is no surprise, she added, that public support for the health care bill is tanking.

SBE Council has urged the Senate to start the legislative process over, and include small business reforms within the core bill. The group has long advocated a national marketplace for health care, robust tax incentives for businesses and individuals, the expansion of health savings accounts, tax parity for the self-employed, medical liability reform as well as support for local and state programs that are helping to deliver health care and insurance to those who lack access. Such market reforms and tax incentives will do far more to cover the uninsured -- and at far less cost to taxpayers -- than the $2.5 trillion Reid bill, according to SBE Council.

SBE Council is a nonprofit advocacy organization dedicated to protecting small business and promoting entrepreneurship. For more information, please visit www.sbecouncil.org.

SOURCE Small Business & Entrepreneurship Council


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SOURCE Small Business & Entrepreneurship Council
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