Congressman Eric Cantor (VA-07) today issued the following statement regarding today's Senate vote to approve House Republicans' proposal to repeal the onerous ObamaCare 1099 provision that will harm small businesses and hinder economic growth:
"Since ObamaCare was signed into law, there has been bipartisan agreement that the harmful 1099 provision has to go. This onerous provision hurts small businesses by requiring them to comply with mountains of paperwork and further stretches their resources when they should be concentrating on growing their businesses and creating new jobs. The House passed our bill to eliminate this provision last month and I am pleased the Senate has followed suit, and hope the President acts quickly to sign it into law. American business owners want relief from burdensome and overbearing government red tape and repealing the 1099 provision will allow business people to spend less time on unnecessary paperwork that costs time and money so that they can start hiring again."