Main Street small business owners oppose Price nomination; warn Senate leaders his efforts to repeal the Affordable Care Act, privatize Medicare and block-grant Medicaid would negatively impact their bottom line.
Ahead of today’s confirmation hearing, Main Street Alliance (MSA), a national network of state-based small business coalitions, calls upon the Finance Committee to oppose Mr. Trump’s nominee for HHS Secretary, Representative Tom Price (R-GA). In a letter to the committee opposing his nomination, Main Street Alliance warns that Rep. Price’s policy agenda would prove particularly harmful for small business owners.
MSA National Director Amanda Ballantyne writes:
“HHS-administered programs, such as the ACA, Medicaid, and Medicare, have provided much-needed relief to small business owners, who have long struggled to obtain affordable, quality coverage in the private market…. Unfortunately, Representative Price’s record on these programs is dismal.
Representative Price is a proponent of radical proposals to cut billions from Medicare, converting it to a voucher which would lose value over time and shift more and more costs onto seniors and people with disabilities. He also supports increasing the age of Medicare eligibility from 65 to 67, which would increase the number of older adults--many of whom are small business retires-- without health care coverage. Furthermore, Representative Price supports the repeal of the Affordable Care Act (ACA), a plan that would cause 30 million people to lose their coverage by 2019, including over 4 million business owners; collapse the individual market; and cause premiums for small business owners to skyrocket.
Beyond the direct health and financial costs to small business owners, Representative Price’s plan to dismantle the current health care system would siphon billions of dollars out of local economies, starve state funding, and under-resource vital programs that small businesses rely on.”
The ripple effects of repealing the ACA and implementing Representative Price’s policy agenda would be far-reaching and disproportionately hinder small business growth. Main Street Alliance urges members of the Senate Finance Committee to oppose the nomination of Tom Price for Secretary of Health and Human Services.
View the full letter HERE.