What I heard about the ‘Job Killing’ bill (Update)

On Thursday on C-Span, there was a hearing titled, “Health Care Law Repeal”. Those who wanted to repeal the law were seated at a table on the floor and the defenders were seated ‘on the bench’ in the familiar semi-circle above.

There was an exchange between bench dwelling defender of the bill Rep. Jared Polis, D-Colorado, and floor seated opponent Rep. John Kline, R-Minnesota.

The good floor seated Mr. Kline described the ‘Job Killing’ bill as follows (elaborately paraphrased):

An employer has a meeting with his 49 employees telling them he can not hire a 50th worker due to the fact he would have to start paying medical insurance and medical insurance money would have to be taken out of their salaries. “As you all know, my small company does not provide medical insurance. Do you want me to hire the 50th worker?”

Get Ready To Hear The Words 'Job Killing' Over And Over Again, Forever
Jason Linkins
Read more at:
http://www.huffingtonpost.com/2011/01/07/get-ready-to-hear-the-wor_n_805958.html

As always,
BB

(Update)
Small Businesses Adding Coverage Thanks to Health Care Reform
by Avenging Angel
Excerpt:
Repealing the Job-Killing Health Care Law Act, would not only lead to higher out of pocket costs, reduced benefits and saddle employers with higher premiums, but over the next 10 years would add $230 billion to the deficit. On Friday, Harvard economist David Cutler released a paper estimating that that repealing the health law could destroy 250,000 to 400,000 jobs annually over the next decade. And, as the Los Angeles Times reported, major insurers are reporting that thanks to the incentives in the Affordable Care Act, "a growing number of small businesses are signing up to give their workers health benefits."

And
Writing in that "Capitalist Tool" Forbes. David Ungar concluded, "Obamacare might just be working to bring health care to working Americans precisely as promised...Because the tax cut created in the new health care reform law providing small businesses with an incentive to give health benefits to employees is working." While 99% of firms with over 200 employees offer some kind of coverage, only three-quarters of those with 10 to 24 workers and half of companies with less than 10 employees do. And as the Los Angeles Times explained, the ACA's new tax credit for companies with fewer than 25 employees and moderate-to-low pay scales to help offset the cost of providing benefits is already having a significant impact:
Read more at:
http://www.dailykos.com/storyonly/2011/1/10/935048/-Small-Businesses-Adding-Coverage-Thanks-to-Health-Care-Reform