Higher Costs and Crushing Taxes Nail Nation's Job Creators

WASHINGTON, Nov. 8 /PRNewswire-USNewswire/ -- In response to U.S. House passage of the health care bill (H.R. 3962), Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement:

"Make no mistake, those voting for H.R. 3962 voted to burden our nation's job creators with higher costs and crushing taxes and penalties. Even in the best of economic times passage of this bill would be an inane move. The costs associated with H.R. 3962 are oppressive, and as a result jobs will be cut and small business growth will be stunted.

"The U.S. House had an opportunity to offer a lifeline to small businesses in the form of reasonable reform efforts that would help them keep or provide health insurance for themselves and their workforce. Small businesses spoke out on this issue, but the Democrat leadership and those voting for H.R. 3962 chose to ignore their concerns. The claim that H.R. 3962 will help small business is blatantly false."

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

Contact: Karen Kerrigan, kkerrigan@sbecouncil.org, cell: 703-403-0044

SOURCE Small Business & Entrepreneurship Council