PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

CNBC: Frustration Replaces Optimism on Main Street as Health Care Reform Fails

By at 27 March, 2017, 9:45 am

A March 27 CNBC story by Kate Rogers reported on the widespread disappointment and concern among small business advocacy groups regarding the failure of the U.S. House to pass the American Health Care Act. The bill was pulled from the floor for a vote on Friday, March 24.

As noted in the story:

“Small business owners and advocates hoping for health-care reform were let down on Friday as the American Health Care Act, which sought to replace major components of the Affordable Care Act, was pulled from the floor of the House without a vote. Those who hoped for cost controls and an end to mandates emerged uncertain and disappointed.”

SBE Council president & CEO Karen Kerrigan was quoted:

“None of the promises of Obamacare have been delivered for entrepreneurs, small-business owners and their employees. Rather than bring lower costs and more coverage choices, the exact opposite occurred,” said Karen Kerrigan, president and CEO of the SBE Council in a statement. “We applaud the GOP leadership, other GOP House members and President Trump who worked hard to find a compromise in order to provide relief and affordability for small businesses and their workforce.”

Read the full story here.

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