[Congressional Record Volume 158, Number 102 (Tuesday, July 10, 2012)]
[House]
[Page H4707]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPEAL OBAMACARE
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute.)
Mr. WILSON of South Carolina. Madam Speaker, tomorrow House
Republicans will vote for the 32nd time to repeal, defund, or dismantle
the President's government health care takeover bill. Not only will
this legislation grow the size of government, limiting freedom, it will
also levy 21 new or higher taxes on Americans and small businesses,
causing the destruction of jobs.
If ObamaCare is not repealed beginning on January 1, 2013, a 3.8
percent capital gains tax on investment income will go into effect,
destroying jobs in the home building and real estate industries.
The National Federation of Independent Business, NFIB, America's
largest association of small businesses, has estimated ObamaCare will
destroy 1.6 million jobs.
In order for our Nation to recover, ObamaCare must be repealed, and
the government and Congress must pass legislation that encourages job
creation through private sector job growth.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
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