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Date: Oct. 10, 2012

By Todd Beamon and Kathleen Walter

The nation's small-business owners are strongly motivated to vote in this year's presidential election, Georgia GOP Rep. Tom Price tells Newsmax TV.

"They know, as we know, that small businesses are the job-creation engine in our economy," Price, chairman of the House Republican Policy Committee, tells Newsmax TV in an exclusive interview. "The vast majority of new jobs and net jobs coming out of a recession are through small businesses.

"This administration, the president and his allies have actually put a chilling effect on small-business/job-creation through their uncertain tax policy, through their healthcare law, through their energy policy that is delinquent and through a financial-services sector that refuses to allow small businesses to create jobs," Price added, referring to President Barack Obama's White House. "They know we've got to have a turnaround, and the positive solutions that Gov. Romney and his team are putting forward -- along with the House Republicans -- is exactly what we need, and the American people are recognizing that."

Price hopes that many of these policies will move forward after Republican Mitt Romney is elected to the White House next month.

"It really depends what happens on November 6, whether or not we're able to move forward in a positive way. I'm hopeful that Republicans retain control of the House, take the Senate and have Gov. Romney elected president -- in which case we will continue current rates for everything for three to six months so that the new administration can put its imprint on positive pro-growth policies going forward.

"If it remains divided, then all bets are off," Price said. "The question is whether or not President Obama in his second term would be more willing to work with congressmen than he did in his first."

A bipartisan group of eight senators is meeting in Northern Virginia to work out a plan to avoid the so-called "fiscal cliff" of expiring tax rates and automatic spending cuts to come at the end of the year. More than $500 billion in tax increases and $100 billion in automatic spending cuts are to take effect under sequestration on Jan. 2.

Price said that actions already taken by the Republican-controlled House of Representatives provide a strong framework for the group.

"The House has passed a reconciliation package that would make it so that sequestration prioritizes appropriate reductions and spending and doesn't hollow out our defense. We put on the table a positive process for tax reform and also for an energy policy to replace one that is so uncertain that it is harming our economy and decreasing job creation."

Looking further to the Nov. 6 election, Price said he was not surprised by Romney's recent surge in the polls and "although it may be surprising to some folks, this is the Gov. Romney that those of us who've known him have seen for years.

"This is a very knowledgeable, very bright, thorough, methodical-thinking businessperson whose expertise is turning around distressed entities. He understands what this nation needs.

"He and Paul Ryan are actually very uniquely qualified at this time in our nation's history to turn this nation around," Price added. "What we saw last week in the debate with President Obama was a clear contrast between two futures: One that the president desires, where more people are dependent upon government, and one that the vast majority of Americans desire -- and that is where people are allowed to realize their own dreams."


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