U.S. Chamber Condemns Senate’s Failure to Repeal 1099 Reporting Requirement

‘In this economy, there is little defense for supporting oppressive regulations on small businesses,’ Says Josten

WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs, R. Bruce Josten, issued the following statement today on the Senate’s failure to pass Senator Johanns’ amendment to repeal the burdensome 1099 reporting requirement included in the health care law:

“Today the Senate obstructed a measure that would’ve prevented an avalanche of new paperwork for small business owners. Their refusal to recognize that small businesses will now be forced to spend precious time and resources reporting to the federal government rather than producing, growing, and creating jobs for Americans demonstrates a fundamental misunderstanding about the challenges facing this economy. In this economy, there is little defense for supporting oppressive regulations on small businesses that will hamper their ability to put people back to work.”

The Chamber led 2,434 businesses, chambers, and associations from all 50 states in sending a letter to the Senate highlighting the business community’s commitment to repealing the 1099 reporting mandate included in the health care law. Tomorrow dozens of Chamber small business members will come to Washington to let their Members of Congress know that this provision must be repealed.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

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