Mr. YARMUTH. Mr. Speaker, my friends across the aisle like to say they support small business owners, but other than keeping fact-checkers employed, Republican leaders are holding back those businesses by continuing to make false claims about the Affordable Care Act.
In my Louisville district, more than 15,000 small businesses could qualify for tax credits to help offset the cost of providing health insurance for their employees. A small business with 24 employees paying average health care costs could receive almost $40,000 a year in tax credits right now under the Affordable Care Act, but only 530 out of those 15,000 businesses have taken advantage of it. The situation is like that across the country.
Why is that? Could it be that the people they elected to represent them in Congress have repeatedly told them that this law is bad for business?
As Members of Congress, I believe it is our responsibility to give our constituents an honest and accurate picture of what Federal laws and policies will do to affect their lives. And yet more than 2 years after the Affordable Care Act became law, Republican leaders continue to make false claims about it.
Mr. Speaker, the small business owners in my district appreciate knowing the truth about how Federal laws can benefit them.