Chairman Camp Announces Hearing on the Health Care Law’s Impact on Jobs, Employers, and the Economy
Ways and Means Hearing to Examine the Impact of Taxes, Regulations, and Mandates Contained in the Health Care Law on Economic Growth and Job Creation
Wednesday, January 19, 2011
House Ways and Means Committee Chairman Dave Camp (R-MI) today announced that the Committee on Ways and Means will hold a hearing on the impact the “Patient Protection and Affordable Care Act” and “Health Care and Education Reconciliation Act of 2010” will have on the U.S. economy and employers’ ability to hire new workers and retain existing employees. The hearing will take place on Wednesday, January 26, 2011, in 1100 Longworth House Office Building, beginning at 9:00 A.M.
In view of the limited time available to hear witnesses, oral testimony at this hearing will be from invited witnesses only. However, any individual or organization not scheduled for an oral appearance may submit a written statement for consideration by the Committee and for inclusion in the printed record of the hearing. A list of invited witnesses will follow.
The Democrats’ health care overhaul imposes more than one-half trillion dollars of tax increases and numerous pages of mandates and onerous regulations on employers. Employers of all sizes are expressing concern that the new mandates and regulations will deter them from hiring new employees, threaten their ability to retain existing workers, and harm their ability to increase wages for existing employees. The new health care law compounds the uncertainty employers and entrepreneurs are facing amid the most challenging economic climate since the Great Depression. Making matters worse, some insurance companies and employers have already increased their health care premiums, in part, to comply with the new health care law, exacerbating the drag on the U.S. economy from rising health care costs.
In announcing this hearing, Chairman Camp said, “Employers have repeatedly expressed their concerns about the effects of the Democrats’ health care law. This hearing provides us the opportunity to directly hear from employers about the higher taxes and new mandates that are in this law. This will also serve as a basis for how this Committee, and Congress, can best respond to the concerns of employers and workers and refocus its energy to develop common sense solutions that prioritize affordability, job creation, and economic growth.”
FOCUS OF THE HEARING:
The hearing will examine the economic and regulatory burdens imposed by the enactment and implementation of the “Patient Protection and Affordable Care Act” (P.L. 111-148) and the “Health Care and Education Reconciliation Act of 2010” (P.L. 111-152). It will explore the impact on jobs stemming from the new taxes and new federal regulatory requirements. It will also analyze the impact of the employer mandate on job creation.
DETAILS FOR SUBMISSION OF WRITTEN COMMENTS:
Please Note: Any person(s) and/or organization(s) wishing to submit for the hearing record must follow the appropriate link on the hearing page of the Committee website and complete the informational forms. From the Committee homepage, http://waysandmeans.house.gov, select “Hearings.” Select the hearing for which you would like to submit, and click on the link entitled, “Click here to provide a submission for the record.” Once you have followed the online instructions, submit all requested information. ATTACH your submission as a Word or WordPerfect document, in compliance with the formatting requirements listed below, by the close of business on Wednesday, February 9, 2011. Finally, please note that due to the change in House mail policy, the U.S. Capitol Police will refuse sealed-package deliveries to all House Office Buildings. For questions, or if you encounter technical problems, please call (202) 225-1721 or (202) 225-3625.
The Committee relies on electronic submissions for printing the official hearing record. As always, submissions will be included in the record according to the discretion of the Committee. The Committee will not alter the content of your submission, but we reserve the right to format it according to our guidelines. Any submission provided to the Committee by a witness, any supplementary materials submitted for the printed record, and any written comments in response to a request for written comments must conform to the guidelines listed below. Any submission or supplementary item not in compliance with these guidelines will not be printed, but will be maintained in the Committee files for review and use by the Committee.
1. All submissions and supplementary materials must be provided in Word or WordPerfect format and MUST NOT exceed a total of 10 pages, including attachments. Witnesses and submitters are advised that the Committee relies on electronic submissions for printing the official hearing record.
2. Copies of whole documents submitted as exhibit material will not be accepted for printing. Instead, exhibit material should be referenced and quoted or paraphrased. All exhibit material not meeting these specifications will be maintained in the Committee files for review and use by the Committee.
3. All submissions must include a list of all clients, persons and/or organizations on whose behalf the witness appears. A supplemental sheet must accompany each submission listing the name, company, address, telephone, and fax numbers of each witness.
The Committee seeks to make its facilities accessible to persons with disabilities. If you are in need of special accommodations, please call 202-225-1721 or 202-226-3411 TTD/TTY in advance of the event (four business days notice is requested). Questions with regard to special accommodation needs in general (including availability of Committee materials in alternative formats) may be directed to the Committee as noted above.
Note: All Committee advisories and news releases are available on the World Wide Web at http://www.waysandmeans.house.gov/.