Obama voices support for language in Congressman Lungren's bill to repeal portion of health care law During his press conference, President Obama made reference to a provision in the Health Care bill that is ripe for repeal
PoliticalNews.me - Nov 04,2010 - During his press conference, President Obama made reference to a provision in the Health Care bill that is ripe for repeal. It’s a provision in section 9006 that mandates businesses to issue 1099s to client businesses with whom they do business at the rate of $600 or more per year. The health care authors had hoped to raise revenue to pay for the health care bill by adding this mandate on to the bill. Obama, today, acknowledged during one of his answers at the press conference that this practice might profoundly hurt businesses.
Congressman Dan Lungren was on to this from the beginning, back in April, and has worked to repeal that portion of the law with a bill of his own.
Here is his statement:
“I am thrilled that the President has finally decided to make the repeal of the onerous 1099 provision in the health care bill a priority. I have been working for many months to repeal Section 9006, which will require all business owners to submit 1099 forms for every purchase of goods and services over $600 in a given year. This is yet another senseless encumbrance imposed upon job creators at a time when the cost of doing business is too high already. The American people have made it clear that they want Congress to adopt policies that protect existing jobs and facilitate the creation of new jobs. The 1099 provision in the health care bill is at odds with those objectives and must be eliminated.
“I introduced legislation to repeal Section 9006 shortly after passage of the health care bill and it has received tremendous support from all sectors of the business community, especially from the small business owners who will be most burdened by it. My bill, H.R. 5141, has 178 cosponsors from both sides of the aisle. Virtually every member of this Congress has voted to repeal the provision in one form or another. Moreover, Senator Mike Johanns has introduced a Senate companion to the bill that also has broad bipartisan support.
“It is my hope that we can work together toward a straightforward repeal of the 1099 provision, without polluting the effort with unsavory offsets. I look forward to working with the President and House leadership as well as my colleagues in the Senate to secure passage of H.R. 5141 on behalf of the American people.”