[Congressional Record Volume 157, Number 43 (Tuesday, March 29, 2011)]
[Senate]
[Pages S1912-S1913]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPEAL OF 1099
Mr. MENENDEZ. Mr. President, later, as we move to the bill on small
business, I will be offering, I hope, a second-degree amendment to the
amendment offered by Senator Johanns, and I speak today on behalf of
middle-class families and on behalf of small businesses.
I wish to start by saying that I fully support--as I have already
done in a series of votes--repealing the 1099 reporting requirement,
but I strongly believe we have to do so in a manner that does not--does
not--increase the burden on our small businesses and employees. The
amendment of Senator Johanns certainly helps only small businesses
through the repeal of the 1099 provision, but--and this is less well-
known--I believe it actually hurts small business employees. It is a
double-edged sword. The Johanns amendment risks driving up health
insurance costs and cutting health insurance coverage for small
businesses.
As you know, the affordable care act provides tax credits to families
who earn under $74,000 per year to help them purchase health insurance.
Those tax credits are set at the start of the year. At tax time, when
families actually report their annual income, the tax credits are
reconciled with their annual household income to ensure they receive
the correct amount of assistance. But because income and other family
circumstances can change during the course of a year, individuals might
end up getting excess tax credits even though the amount of the payment
was correct at the time.
For example, a family with an unemployed worker who secures a job at
a small business midway through the year--and, hopefully, can do so, as
we continue to work on this economy to have it grow--has rightfully
received a tax credit while unemployed but could face a stiff tax hike
to repay the amount of the subsidy because the family's annual income
ends up higher for the second half of the year. This family received
the correct amount and did nothing wrong. Let me say that again. These
individuals did nothing wrong. While unemployed, these individuals
needed those tax credits to be able to get health insurance. That is
why we passed this reform, to help those very same middle-class working
families in need.
Now, under current law, we provide a reasonable repayment requirement
if the tax credit an individual receives exceeds the amount they should
have received because of unexpected changes in income or family status.
We don't give them a pass, but we don't expect all families with an
annual income of $70,000 to have $10,000 in savings to pay the surprise
tax bill they will get in April, either. So we set caps on what they
would have to pay back depending on what they earn. The Johanns
amendment makes harmful changes to these repayments for middle-class
families. Under the Johanns amendment, some families could have to pay
back as much as $12,000 in some cases, and that is too high a price. We
shouldn't ask small business employees to take that much of a hit. They
are the ones who are going to the exchanges to purchase coverage. They
are the ones working for the mom-and-pop shop that doesn't offer
coverage.
My amendment isn't about these families alone, however, as difficult
a situation as they may be in. This amendment is about what the Johanns
offset could do to health care costs and coverage for small businesses
and for those who make their living from small businesses. This risky
offset could drive up premiums and force more individuals to refuse
coverage. We are not talking about paying back tax credits; we are
talking about driving up the costs on families and small businesses,
many who have never even taken a tax credit to begin with.
My amendment would simply direct the Secretary of Health and Human
Services to decide the offset in the Johanns amendment and determine
its effect on small business. What is so wrong about that--determining
its effect on small business? We are trying to help small businesses by
eliminating the 1099 provision. Let's make sure we continue to help
them and not put extra costs on them. Specifically, we want to
determine whether there is an increase in health insurance costs or a
decrease in health coverage for small businesses. If the study finds
either, then current safe harbor provisions would remain in effect--the
same safe harbors we supported in the SGR bill, or the doc fix, in
December.
Passing 1099 would not be affected. That would move forward. So the
claim that somehow, ultimately, 1099 wouldn't be eliminated is false.
The 1099 would not be affected. That would move forward. We would
eliminate that responsibility from small businesses. So you can be both
for my amendment and the Johanns amendment because it would still
repeal 1099.
Let me make it clear. We all want 1099 repealed, and I have voted in
a series of ways to do exactly that. My amendment does not in any way
affect or delay the repeal of 1099. The only potential change my
amendment makes would be to the risky offset in the underlying
amendment and only if this study finds that it actually hurts small
businesses.
[[Page S1913]]
My colleagues on the other side of the aisle have come to the floor
arguing that a study would simply delay repeal of 1099; that further
studying this risky offset would prolong the 1099 issue; that if we
just passed the amendment without protecting small businesses, this
bill can go right to the President. Well, we have actually passed 1099
repeal already and shown we have the votes necessary to make this
become law. It is not going to the President to become law in this bill
because this bill hasn't even cleared the House.
At the same time, I have heard no mention of what this offset could
do to small businesses and their health care costs--not one word. I did
hear that further studying the impacts it may have on small businesses
would only delay repeal of 1099. A simple read of my amendment would be
enough to know that is incorrect. My amendment directs a study to be
done after--after--repeal of 1099 is signed into law. Let me make it
clear. Nothing in my amendment slows down repeal of 1099.
My colleagues on the other side of the aisle are also trying to frame
this debate as either you are for or against small businesses. But they
are helping and harming them at the same time with the Johanns
amendment. With this second-degree amendment, we can have a
conversation about helping small businesses and ensuring that small
business employees will not get hurt at the end of the day.
Now, we haven't had the Joint Tax Committee determine a revenue score
as yet, but it is important to point out that this amendment does not
spend--does not spend--an additional dime. It simply protects small
businesses from higher health care costs and coverage cuts.
If there is any revenue score associated with it, that would only be
due to the study finding that this offset drives up health care costs
or drives down health coverage for small businesses. Would we not want
to know that?
We are all here supposedly arguing to try to enhance the opportunity
for small businesses to have less burdens, to be able to grow, to be
able to prosper, to be able to create jobs. Well, we certainly would
want to know--we certainly would want to know whether this offset
drives up health care costs associated with small businesses or drives
down the health care coverage for small businesses.
Why is anyone afraid of that? Why is anyone fearful of that? So to
those who may consider opposing my amendment, think of this: On the one
hand, if you do not believe this offset will hurt small businesses,
there is no harm in voting for it because you believe the study will
not show premium increases or coverage cuts. So the offset would remain
in place. If you believe my amendment would have a revenue score, then
you are assuming the offset hurts small businesses. It is one way or
the other, not a gray area.
The idea of protecting small businesses in this manner has precedent.
I have a history working across the aisle to support small businesses,
including cosponsoring a Republican amendment to the Wall Street reform
bill which requires regulators to ensure new rules do not harm small
businesses. We thought it was a good idea then to protect small
businesses in the event new rules might unfairly impact them. I
strongly believe we should come together now to protect small
businesses if this risky offset drives up health care costs on small
businesses or forces cuts in their coverage.
I would just simply ask, who in the world, especially during these
fragile economic times, would want to do anything that could raise
costs on small businesses? Let's protect them and the 1099 repeal by
supporting my second-degree amendment.
Now, I listened to my colleague from Nebraska with whom I have worked
on some bipartisan efforts on housing for the disabled. We get along
very well. I respect him, and actually I supported 1099 repeal as one
of the 20 Democrats who voted for his amendment in November and other
issues such as housing for the disabled. So it is with some regret that
we find ourselves in a different view.
There have been questions raised about the sincerity of our
opposition to the manner in which the offset is included in the
Senator's amendment. The Senator from Nebraska says an almost identical
offset was passed unanimously by the Senate just 4 months ago. I think
our definitions of ``almost identical'' are very different.
Yes, it is true we made changes in the payback tax to pay for the doc
fix in December, but that provision was very different from the one we
are debating today. The one today, unlike before, removes protections
we included in December in the doc fix to protect families from
unlimited tax liability which could be as high as $12,000. I mean, you
are talking about taxing these families, through no fault of their own.
What family of three making $74,000 annually, gross, can afford an
unexpected $12,000 tax bill in April? I cannot think of many. But that
is exactly what could happen under the Senator's amendment.
That was not the case--not the case--in the provision that was
enacted at the end of last year in the doc fix. We provided a phaseout
that would have avoided this clip and thus tax shock on middle-class
families.
The Senator from Nebraska also said my second-degree amendment was
just a delay tactic. That simply is not true. I and 80 of my colleagues
have already passed 1099 repeal in the Senate this year. So to question
our support for 1099 repeal would be misleading.
My understanding is that the Johanns proposal is an amendment to the
small business bill we are debating, which has not passed the House. So
this amendment we are debating today would not go directly to the
President for his signature. It still needs to go through the whole
process of the House. We are not delaying anything in that regard.
Finally, the only way there would be any revenue shortfall--I say to
those who would make the assertion that our amendment creates a revenue
shortfall, well, then, what you have to be saying, if you make that
statement, is you believe the savings from the Johanns offset comes
from increasing premiums and reducing coverage on those who earn it
through making our Nation's small businesses run. That is not a
proposition I think they want to assert.
So I will come back to the floor later to offer this second-degree
amendment. And because it works to both repeal 1099 and ensure there is
not a tax on our small businesses and small business employees or a
diminution of health care coverage, I am sure we will get the support
of our colleagues.
I yield the floor.
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