ICYMI: Both NFIB and NAM Say No to the Senate Bill
Posted by The Campaign on November 19, 2009 at 5:48 PM
Both The National Federation of Independent Business (NFIB) and The National Association of Manufacturers (NAM) issued statements today that oppose the Senate bill.
Here are couple key excerpts from NFIB’s statement:
"It’s clear to us [NFIB] that, at the end of the day, the costs to small business more than outweigh the benefits they may have realized."
"We are disappointed that, after so many months of discussion, small business could be left with the status quo or something even worse."
Here are a couple key excerpts from NAM’s statement:
"Ninety-seven percent of NAM members voluntarily provide health benefits to their employees, and have expressed a desire to continue to do so. Unfortunately, the Senate bill released by Majority Leader Reid and the bill passed by the House of Representatives add massive additional burdens to businesses that are already struggling in this recession."
"A public option will either force private competitors to lower costs by cutting coverage or will drive them out of the marketplace completely. This will lead to a cost shift, which will mean manufacturers who continue to offer private insurance will face higher premiums."
For NFIB's full statement, click here.
For NAM's full statement, click here.
