During the August work period, I've had the opportunity to host roundtables with small business owners and physicians throughout the district. In Cartersville, Canton, and Marietta, I listened to concerns about the looming tax hike, how the President's health care law will affect their businesses, and what types of pro-growth reforms they would like enacted in order to expand and hire new employees.
Americans are struggling--one small business owner said, "It's been a tough couple of years. Someone mentioned "profit' earlier, and I thought, "What the heck is that?'"
But despite their struggles and fears, these men and women are determined to see their businesses, some family-owned for generations, succeed. They want the federal government to remove their "handcuffs" and "get out of our way." One Cartersville man summed it up as, "I don't care what anybody says. Government can't do it like small business owners can."
Unfortunately, small business owners across Georgia and the rest of the United States got more bad news this week. The Congressional Budget Office released the Budget and Economic Outlook, which reported the 2012 deficit will exceed $1 trillion for the fourth straight year and our national debt will grow by $10 trillion over the next 10 years. The unemployment rate remains above eight percent for the 42nd straight month--the longest since the Great Depression.
Despite this, President Obama continues touting his economic plan ("It worked"), attacking small business owners and entrepreneurs ("You didn't build that"), and declaring the private sector is "doing fine." While he continues to campaign, my Republican colleagues in the House and I remain focused on the economy, passing more than 30 pro-growth jobs bills this year. We also stand ready to stop the President's massive tax hike set to take effect at the end of this year, which is estimated to cost 700,000 jobs nationwide.