2017-04-20 / Front Page

Rep. Hice sees challenges, great things happening in economic development

Speaking to the Washington Rotary Club, Congressman Jody Hice said the public should soon see relief from “a bunch of regulations.” Speaking to the Washington Rotary Club, Congressman Jody Hice said the public should soon see relief from “a bunch of regulations.” During his visit to the Washington Rotary Club, Congressman Jody Hice updated members and guests on current political moves being made that would affect not only the state of Georgia, but the nation as a whole.

“It’s always a joy to be here in Washington – the real Washington – which I much prefer to D.C.” Hice said in his opening remarks. “We’re excited about some of the things we’ve been able to see today of economic development, and we just now came from the hospital. There are some challenges, but there are some great things that are happening.”

The congressman quickly segued into the meeting’s agenda, broaching the subjects of business regulations, health care, and tax reform, before answering a series of questions posed by the audience.

“In this Congress, thankfully, we have a president who is committed to helping us annihilate and get rid of a bunch of regulations. In fact, he’s publicly stated that he wants to get rid of 75 percent of the regulations that we currently have. He’s already passed an executive order that says for every one new regulation, two have to go,” Hice said. “In addition to that, there’s something called a CRA, which stands for a Congressional Review Act, and basically what it does is help undo some things that were not liked from a previous administration.”

Hice asserted that the public should see relief in this area soon, if not already.

Regarding the most recent healthcare bill introduced by President Donald Trump, which failed to gain traction within the U.S. House, Hice asserted that insurance premiums would have increased by 15-20 percent if it had been successful.

He further asserted that significantly lowering premiums is the “criteria” currently being negotiated in the push for reform, along with the removal of the mandate on insurance companies, which requires every one of the entities to provide “essential health benefits” to all.

Likewise, negotiations for the removal of “high-risk” individuals from the general insurance pool – estimated to encompass four percent of the population – and according to Hice, drive-up the cost of insurance for every party when those “highrisk” individuals are compiled with others that don’t fall into that same category.

“We’ve made a lot of progress, and I’m very hopeful that by the time we get back up [to Washington], that in a matter of weeks we’ll be able to get this over the finish line, and get the senate to pass it, and get the president to sign it,” Hice said. “I am very encouraged by what has happened over the past few weeks.”

Shifting into discussion on tax reform, Hice remarked that a move to decrease corporate taxes is in the works, stating that small businesses should see around a 25 percent decrease, accompanied by decreases in various categories of the tax structure – the goal being to “majorly deflate the IRS.”

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