Straight Talk: Small Businesses Await Supreme Court Ruling

Statement

Dear Friends,

Any day now, the Supreme Court of the United States is expected to issue a ruling on the constitutionality of President Obama's health care law. The vastly overreaching law has been put to the test by nine justices, and the Court will either uphold it, partially uphold it, or strike it down. While this law impacts virtually every American and every company, it has grave significance for small businesses.

Unquestionably, small businesses have been heavily burdened by the weight of implementing and sustaining the many new requirements of this cumbersome law in its current state. In fact, $569 billion in tax increases will put even more pressure on employers over the next ten years. These are the same businesses our nation depends on for nearly 70 percent of all new job creation. You can see the problem. Although well-intentioned, this law actually increases costs and puts more burdens on employers. Our country is in real need of jobs and yet this law discourages the job creators. And we now know that even a health tax credit for small businesses has proven ineffective. Its complexity and lack of incentives have prevented many small businesses from claiming even this temporary help.

Of course, for the sake of small businesses, we profoundly hope to hear the Supreme Court has recognized that this law reaches beyond the scope of constitutional restraints. If not, we will strive through every legislative means to relieve small businesses of the costs, uncertainty and administrative burdens that hamper growth and hiring. Our small businesses are keeping America working, if only we can convince government to give them room to grow.

Sam Graves
Chairman

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