Posted on 07/17/2013 8:46:31 PM PDT by Nachum
Less than a third of small businesses say they’re prepared for the regulatory mandates under ObamaCare, a new survey from the U.S. Chamber of Commerce found.
The business lobby's quarterly survey of small firms found a concerns over the law have increased by a double-digit margin over the last year, and by 4 percentage points since the first three months on 2013.
“Excessive regulation is having a crippling effect on job growth among small businesses, as our latest small-business survey makes clear,” said Rob Engstrom, the Chamber’s senior vice president. “In fact, the only thing that scares small businesses more than the current business climate is what Washington bureaucrats will do next.”
The survey found that 30 percent of businesses were not ready to comply with the new rules. Roughly 25 percent reported not knowing what they had to do to follow the law.
Seventy-one percent of the more than 1,300 small-business executives polled said they would be less likely to hire employees because of the healthcare law, according to the survey.
Twenty-four percent said they plan to reduce hiring to stay beneath the 50-employee threshold that would trigger a requirement to provide insurance for their workers or pay a penalty.
The survey follows this month’s decision by the Obama administration to postpone that provision, known as the employer mandate, for a year.
House Republicans are now pressing legislation requiring the delay of both the employer mandate and the individual mandate, which requires most Americans to obtain health insurance or pay a penalty.
“It’s unfair to protect big businesses without giving the same relief to American families and small businesses,” Speaker John Boehner (R-Ohio) said Tuesday during a speech on the House floor. “I hope Democrats and Republicans alike will vote to do what’s fair and to protect all Americans from this disastrous law.”
In total, 1,304 small-business executives from around the country participated in the survey, which was commissioned by the Chamber and conducted by the firm Harris International. A small business was defined as having fewer than 500 employees and less than $25 million in annual revenue.
The Chamber did not release a margin of error for the survey.
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Freedom is not and never will be ready for ObamaCare...because it is slavery to the state!
I swear, this is the biggest bunch of horsecrap legislation in the history of the world.
Thank heavens I’m retired now, because I would never have been able to build the size of the company I had, under these restrictions.. :/
This was before the vote
11:41 Minutes
Press conference on individual mandate
7/17/13 Republican Leadership Press Conference
http://www.youtube.com/watch?v=9HpU2r0RgCE
6:33 Minutes - Delay Individual Mandate Passes in the House
264 Ayes – 35 Democrats joined the GOP
161 - No
House Republicans Speak Out for Fairness For All
http://www.youtube.com/watch?v=fTp85qZYsVA
They should get the same one year reprieve Odumbnuts is giving big business owners or better yet repeal the whole Act.
“Less than a third of small businesses say they’re prepared for the regulatory mandates under ObamaCare...”
Those that ARE prepared either have a Death Wish or are already in Chapter 11, LOL!
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