Small Business Would Feel the Sting of Ryan's Budget Proposal

House Budget Committee Chairman Paul Ryan's proposed 2012 budget, passed in the House today, would kill jobs, rob small businesses of much-needed financial support and stall our economic comeback at a crucial moment in the recovery process.

Chairman Ryan's budget would strip small business tax credits from the Affordable Care Act, leaving those small businesses depending on relief from expensive health insurance premiums in a lurch. Depriving our nation's job creators of help when they need it most would be devastating. The proposal also defunds prevention programs in the new healthcare law, resulting in increased costs throughout the entire system that will shrink small businesses bottom lines, and cuts community health center funding, which would hurt rural farmers and ranchers who often depend on their services.

These are but a few examples of how this proposal would harm small businesses, an outcome that is unacceptable.

The budget needs to support small businesses and help them create jobs and grow our economy. The House's version does not. We urge senators to keep small businesses' interests at heart as they fashion a 2012 plan. A failure to do so would thwart our budding economic recovery and endanger small business success.