course. in fact, it s very healthy. until they pass laws that directly benefit their businesses. - - runs a machine shop, a welding company and a power plant. a recent change and i wastax codes. those exact businesses from paying sales tax when buying certain supplies. guess who was pushing that and i iowa state senate? none other than - - himself. - - up until a few months ago ran a school tuition - - that collects tax donations and have them as cool scholarships. what a helpful coincidence that he backed legislation to extend those very same tax credits. in georgia, john meadows is also an independent health insurance agent. he backed legislation to set a minimum commission for insurance agent like him. even most of the measure was quote, his idea.
course. in fact, it s very healthy. until they pass laws that directly benefit their businesses. - - runs a machine shop, a welding company and a power plant. a recent change and i wastax codes. those exact businesses from paying sales tax when buying certain supplies. guess who was pushing that and i iowa state senate? none other than - - himself. - - up until a few months ago ran a school tuition - - that collects tax donations and have them as cool scholarships. what a helpful coincidence that he backed legislation to extend those very same tax credits. in georgia, john meadows is also an independent health insurance agent. he backed legislation to set a minimum commission for insurance agent like him. even most of the measure was quote, his idea.
current plans that would otherwise be canceled into 2014 and americans whose plans have been canceled can choose to re-enroll in the same kind of plan. our next guest, a former health insurance agent says the president s fix is more like a rental program and may make things worse. he joins us now with his live reaction and expand on his column. first off, the president is going to meet with insurance executives today and urge them to reinstate those who have been canceled for a year. why isn t this good politics? why isn t this a good move? as i said in the article, brian good morning. what he said was you can keep your policy if you like it for four years, leading into recently. what you can really do now with his fix is just rent it or borrow it or lease it. for a year. for one year. it s like we re canceling the new coke and you can have coke classic but only
kind of whgoes against what s supposed to be happening. william, when you were here before, you talked about the challenges you face. you have a smaller company, handful of employees. how does the current policies of the government, whether it is obama care or tax policies, how does that keep you from growing? well, you hit the nail on the head, governor. you said this the affordable care act was supposed to, quote, bend the cost curve down. my health insurance agent came into my office about a week ago, said in 2014 when obama care is instituted you should expect your rates go up 40% to 50%. 40% to 50% after we ve seen successive increases year on year of 10% to 15%. the fact is the affordable care act is nothing of the sort, it is totally unaffordable. furthermore, what s going to happen in small businesses like mine across the country is the rates are going to become totally unaffordable. and at that point employers will no longer offer health benefits.
william when you were here before you talked about the channels you face. you have a smaller company with a handful of employees. how does the current policies of the government keep you from growing? well, you hit the nail on the head, governor. you said that the affordable care act was supposed to bend the cost curve down. my health insurance agent said in 2014 when obama care is substituted you should expect your rates to go up 40 to 50%. after we have seen successive increases year on year of 10 to 15%. the affordable care act is totally unaffordable. further more what is going to happen in small businesses like mine tis the rates will be unaffordable. and employers will no longer