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Small Business Report: 6/30

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    Supreme Court upholds ObamaCare

  • Duration 1:30
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The Supreme Court upheld president Obama's Health Care Reform law.

Small business groups how old that the ruling saying it will hurt the economy and job creation but the president celebrated the victory at the White House.

Highest.

Court and land has now spoken.

We will continue to implement this law.

And we'll work together to improve on it where we can.

What we won't do what the country can't afford to do is refight the political battles of two years ago or go back to the way things work.

Small business groups oppose the employer mandate to provide health insurance to employees or pay government penalties -- firms with fewer than fifty workers would be exempt from the rules they also criticized the new tax credits for some small firms that offer insurance as an effective.

House Republicans scheduled a vote to try to repeal the president's plan on July 11.

The president's health care law is hurting our economy.

Driving up health care cost and making it harder.

For small businesses to hire new workers.

I make -- today's ruling underscores the urgency.

Of repealing this harmful long in its sincerity.

The president said he is open to changes in his plan but would likely veto any efforts to got.

That's it for this edition of the small business report I'm Peter Barnes Fox Business Network.