[Congressional Record Volume 156, Number 38 (Tuesday, March 16, 2010)]
[House]
[Page H1458]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HEALTH CARE REFORM
(Mr. PITTS asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PITTS. Madam Speaker, we have talked a lot about how this bill is
distracting us from the issue that the American people want us to focus
on, and that is jobs. But this bill isn't just merely a distraction. It
will have a profoundly negative impact on the job market.
You cannot raise taxes by hundreds of billions of dollars on
individuals and businesses and expect that it has no impact on
employers and employees. Raising taxes per employee by $2,000 would not
encourage businesses to hire more workers, and workers receiving health
care subsidies would see their new Federal entitlement evaporate when
their wages increase by too much. Under this bill, more pay could mean
less health care, effectively trapping workers in lower-wage jobs. So
not only would this discourage job growth, it would discourage wage
growth also.
The bottom line is this bill will destroy jobs at a time when we can
least afford it.
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