01/10/2008
CONTACT: John Kabateck or Michelle Orrock, 916-448-9904
SACRAMENTO, Calif. -- The National Federation of Independent Business/California issued the following statement about the Gov. Arnold Schwarzenegger's 2008 Budget Proposals:
"NFIB/California appreciates the governor's recommendation for tough cuts throughout California," said NFIB/California Executive Director John Kabateck. "As small-business owners know, when income projections do not meet expectations, cuts must be made in order to keep the doors open. The governor's budget proposal justly recognizes that increasing small business taxes would hamper the ability of California small businesses to create new jobs and greater state revenue at a time when both are gravely needed."
"In light of this fiscal crisis, we urge the governor and Legislature to re-evaluate the cost of the proposed health care reform measure, AB 1X. Not only is this the worst time for California to take on an additional $14 billion in burdensome costs, the measure has not addressed the most important aspect of health care reform -- affordability. We encourage the governor to first fix the deficit facing California and then go on to a meaningful discussion of health-care reform which includes affordability, accessibility and transparency."
