Marathon Pundit: Schilling lauds Senate vote to repeal ObamaCare 1099 mandate

Schilling, left, with Marathon Pundit

Rep. Bobby Schilling (R-IL) replaced a congressman who voted for ObamaCare, which included the 1099 mandate that threatens to strangle business with paperwork. Yesterday the Senate overwhelmingly voted to strike down the 1099 mandate.

From Schilling's office:

Washington, D.C. – Congressman Bobby Schilling issued the following statement after the Senate approved H.R. 4, the House-passed repeal of the burdensome 1099 tax reporting requirement included in the Administration's health care law. The requirement would force businesses to issue a 1099 form for any payments to corporations or property payments in excess of $600 per year, per payee. The repeal, approved in the House last month, yesterday passed the Senate in a strongly bi-partisan 87-12 vote.

Congress' bipartisan effort to repeal the 1099 reporting requirement represents a big win for small businesses all across the country. As a small business owner myself, I understand that the last thing job creators need is a government mandate like this one that would take away valuable time and resources. The 1099 reporting requirement would force them to focus on unnecessary paperwork rather than on putting people to work. I encourage President Obama to sign this legislation into law as soon as possible, and urge him to continue working with us to find ways to reduce onerous mandates and regulations that hinder our job creators and our economy.