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Senator: Health reform could create 10 million new jobs

By Michael O'Brien - 10/09/09 10:18 AM ET

Healthcare reform could end up creating as many as 10 million new jobs, one Democratic senator argued Friday.

Sen. Mary Landrieu (D-La.) defended the prospect of healthcare reform more broadly as having the potential to create millions of jobs during a time of increased unemployment.

"Nationwide, small firms will spend $156 billion on health premiums this year," Landrieu wrote in an op-ed in the Wall Street Journal. "In place of those high premiums, small business owners could employ 10 million additional workers—the entire state of Michigan—at minimum wage for a year."

Landrieu is actually an opponent of a key element of healthcare reform efforts proposed by her own party, the public (or "government-run") option, but said that reforming health insurance more general would benefit small businesses. The senator is chairwoman of the Senate Committee on Small Business and Entrepreneurship.

She said that health reform bills before Congress should address tax burden for sole-proprietor businesses, and pledged to work on alleviating those taxes in coming weeks.

"I am committed to working with my Senate colleagues and the Obama administration to ensure that the health-care reforms our small businesses desperately need are passed," she said. "Small businesses—and all Americans—can't go another pay check without meaningful reform."

Source:
http://thehill.com/blogs/blog-briefing-room/news/62417-senator-health-reform-could-create-10-million-new-jobs

Comments (8)

****"Nationwide, small firms will spend $156 billion on health premiums this year," Landrieu wrote in an op-ed in the Wall Street Journal. "In place of those high premiums, small business owners could employ 10 million additional workersBY TruthfulTerry on 10/09/2009 at 12:01
10,000,000 X $50,000.00/year (If we could find that many qualified individuals) = $500,000,000,00 0.00 per year. That is alot of tax increase for a government plan to find. Assuming a 17.5% marginal tax rate the required income to fund this tax would be around $2.900,000,000,000 (that is as in trillion). I guess I just don't understand what fiscal responsiblity means anymore.BY jadedfellow on 10/09/2009 at 12:02
Federal job-training funds will allow displaced workers to develop new skills for jobs in healthcare and other fields such as IT that are in demand. For information on salaries being paid by companies, SalaryFor.com http://www.salaryfor.com/ offers a free and extensive database of what job seekers can expect in terms of pay. You can post your own salary or view others for free.BY Karen on 10/09/2009 at 12:05
Somehow, my comments keep getting cut short…****"Nationwide, small firms will spend $156 billion on health premiums this year," Landrieu wrote in an op-ed in the Wall Street Journal. "In place of those high premiums, small business owners could employ 10 million additional workersBY TruthfulTerry on 10/09/2009 at 12:16
It is not a healthcare bill but rather a tax bill.BY Aaron Kramer on 10/09/2009 at 21:56
i work for the medical device industry and I'm telling you all that our CEO has already contacted us and said, in no uncertain terms, that there will be job cuts as a result of this bill being put forward. The industry will NOT absorb these surtaxes, anywhere from $40-120 billion. These increases will be passed on to the patient and there will be tens of thousands of people out of work as a result. The hospitals cannot absorb the increased taxes placed on the equipment needed to provide quality care. How willing will the government be to reimburse for care given to preemies, the chronically ill, or to reimburse for devices such as pacemakers, stents, and heart valves? Please pass this on! Contact your rep and tell them, "NO!"BY Robin Jordan on 10/09/2009 at 22:37
There will be job losses and that is a fact. Landrieu needs to enjoy the time she has left in Congress should she vote for this bill. She is forgetting she does not only represent Orleans parish, which is one of the only parishes to support Obama. Obama will not be pulling the lever in the voting booth come election day.BY bailedout on 10/09/2009 at 23:06
By the way has Landrieu has received millions in contributions which would explain why no TORT reform, courtesy of www.open secrets.orgBY bailedout on 10/10/2009 at 04:52

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