For Immediate Release:

January 18, 2011

The following is a copy of Congressman Steve Womack’s speech given earlier Tuesday afternoon on the House Floor regarding the debate over the healthcare repeal:

 http://www.youtube.com/user/CongressmanWomack?feature=mhum

    “Thank you Mister Speaker. Throughout this debate there’s been a lot of talk about jobs and there should be.  There is little doubt this law impacts American workers.

    Take for example, Baldor Electric in Fort Smith.  Mr. Speaker, this is a company that has 6,000 employees across America and the impact of the health care law in the first year alone is 2.9 million dollars.

    How does a company like Baldor absorb that cost?  By further automating its processes and thru attrition, allowing 50 jobs to disappear. 

    Eliminating 50 jobs in the first year for a company like Baldor - not to mention hundreds, if not thousands of companies across America similarly situated - is not my idea of restoring economic prosperity for America. 

    I urge my colleagues to support HR2 and begin the process of crafting a meaningful, affordable, and workable solution.”

-Congressman Steve Womack from House Floor

####