April 4th, 2014
Small businesses are the backbone of our nation’s economy and the further piling up of regulations continues to hold them down. Obamacare was only the beginning of those regulations, now the President would like to drop the 40-hour work week down to a 30-hour work week. Each new rule the Administration pushes out has an effect on the 7th district of Ohio and around the country in a negative way.
Families and individuals continue to look for jobs that will keep them employed and pay them enough to support themselves along with their families. Now, the Administration wants to continue to place the strain on Americans and small business owners by redefining the 40-hour work week. According to a Hoover Institution Study, 2.6 million Americans are at risk of having their hours and wages cut as a result of the 30 hour Obamacare rule. My colleagues and I in the House have proposed H.R. 2575, the “Save American Workers Act”. Rather than lose more jobs and have less take home pay, my colleagues and I want to help protect middle class workers from the destructive consequences of the President’s law.
The profile of a family that will feel the effects of this cut to 30-hours a week has a median income of $29,126 and works in either retail, manufacturing or education. This rule will force employers who have previously provided coverage to alter their benefit plans, drop coverage and shift more of their work force to part time to mitigate the effects of the regulation costs. This change affects those who are looking for entry-level work, younger workers and lower income Americans. The non partisan Congressional Budget Office (CBO) confirmed that the “Save American Workers Act “would result in $63 billion in lower taxes and $75 billion in higher cash wages.
With three out of four Americans living paycheck to paycheck, the financial squeeze on middle-class families is making life harder. Small businesses are unable to give hardworking Americans a secure, well paying job because of the new regulations brought on by Obamacare and other initiatives by the Administration. According to a survey of small business executives by the U.S. Chamber of Commerce, 71 percent of small businesses say the health care law makes it harder for them to hire employees. On April 4th, we received the monthly jobs report which only emphasized the importance of the 40-hour work week. Lance Roberts of STA Wealth Management told Fox News that adding jobs to the economy is important but we need to focus more on creating “quality jobs.”
The Administration continues to hurt the American worker through regulations that come from Obamacare or other initiatives by changing the importance of a full-time job. The change to a 30-hour work week will be a major obstacle for businesses who want to create more jobs and support their employees. The “Save American Workers Act” would repeal the 30-hour definition of full-time employment and would drastically reduce Obamacare’s taxes on job creators and increase wages for our nation’s workers. I would like to hear your opinion on this issue. If you or your family has been affected by this proposal please call my office at 202-225-6265 or email me at email@example.com.