1099 provision removed, but fight not over
Feb 02 2011
WASHINGTON, D.C. – U.S. Senator Jerry Moran (R-Kan.) today voted in favor of repealing the damaging health care law. The repeal effort failed on a vote of 47 to 51, although an amendment to repeal a costly and unprecedented 1099 tax reporting burden was adopted. Sen. Moran sponsored the Small Business Paperwork Elimination Act, on which the amendment was based. The repeal of the 1099 provision must now be considered by the U.S. House of Representatives, which already voted to repeal the entire health care law. Sen. Moran issued the following statement:
“Employers across our country continue to tell Washington how damaging this heath care law is on their ability to hire new workers, grow and invest. Companies are facing destructive tax increases, 6,000 pages of new regulations, and burdensome mandates that increase the price of doing business in an already difficult economic environment.
“The Senate missed an opportunity to work toward reforms that will actually lower health care costs and increase access to quality care for Kansas families. The reality is this new health care law raises premiums on families, incentivizes employers to pay a fine rather than provide coverage, and jeopardizes seniors’ access to care through Medicare cuts.
“Although I am disappointed my colleagues failed to repeal the entire law, we were able to eliminate an onerous mandate that would have impacted 40 million businesses and increased 1099 filings by 2000 percent. Small businesses are the backbone of our economy, and Congress has a responsibility to foster an environment where they can grow and create jobs.
“This fight is not over. We must replace this damaging law with common sense reforms that truly lower costs and increase access to care.”
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