Small Business Reacts to Senate Passage of SB 562 (Lara)

Date: June 01, 2017

Government takeover of health care would spike costs and devastate small business

FOR IMMEDIATE RELEASE
National Federation of Independent Business/California
Contact: Shawn Lewis (916) 342-9315; [email protected]
Follow: @NFIB_CA and on Facebook

Small Business Reacts to Senate Passage of SB 562 (Lara)
Government takeover of health care would spike costs and devastate small business

SACRAMENTO, Calif., June 1, 2017 – Following the Senate passage of SB 562 (Lara), NFIB California State Executive Director Tom Scott issued the following statement on behalf of our 22,000 dues-paying small business members:

“For the last several years, small business owners have consistently ranked the rising cost of health care, regulations, and high taxes as their top concerns. SB 562 creates an enormous bureaucracy which would add unbearable costs on struggling small business owners, at a time when the state is already burdening them with higher minimum wage costs and drastic gas tax increases.

“Do we really have faith in government to manage and deliver a complex health care system to our nearly 40 million residents? This state has mismanaged public employee pension funds, resulting in a half-trillion-dollar unfunded taxpayer liability. This state has mismanaged billions in gas tax dollars, resulting in crumbling roads and even higher taxes. This state can’t even build a bridge under budget, or maintain a critical dam.

“The annual $400-500 billion price tag on SB 562 is more than three times our state general fund, and can only be funded through steep tax increases on struggling small businesses and working families. This bill will kill jobs, hurt working families, and make health care more expensive for all.”

Please click here to read our opposition letter dated April 13, 2017.

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For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB has 350,000 dues-paying members nationally, with over 22,000 in California. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. To learn more visit www.NFIB.com/california

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