High Court Ruling Puts Jobs at Franchise Businesses at Risk
FOR IMMEDIATE RELEASE
HIGH COURT RULING PUTS JOBS AT FRANCHISE BUSINESSES AT RISK
WASHINGTON, June 28, 2012 – International Franchise Association President & CEO Steve Caldeira released the below statement following the decision by the U.S. Supreme Court upholding the constitutionality of the individual mandate provision in the Affordable Care Act.
"We are deeply disappointed by the High Court ruling to uphold the Affordable Care Act, which places undue burdens on the franchise small business community. While it may have been ruled constitutional, the law is unworkable, unaffordable and wrong for our country's small business owners who continue to struggle in a still sluggish economic climate. By upholding the law, 3.2 million jobs at franchise businesses continue to be put at risk due to the employer mandate provision, thereby discouraging and disincentivizing the creation of new jobs and business expansion.
"The Affordable Care Act, and specifically the employer mandate, does not provide solutions to the cost and access issues it set out to address, but rather hurts the employees it aims to assist. IFA will continue to work with Congress to fully repeal the law and start over with a health care reform effort that enacts reforms that provide access to care at an affordable cost for franchise small businesses and their employees."
About the International Franchise Association
The International Franchise Association is the world's oldest and largest organization representing franchising worldwide. Celebrating over 50 years of excellence, education and advocacy, IFA works through its government relations and public policy, media relations and educational programs to protect, enhance and promote franchising. Through its media awareness campaign highlighting the theme, Franchising: Building Local Businesses, One Opportunity at a Time, IFA promotes the economic impact of the more than 825,000 franchise establishments, which support nearly 18 million jobs and $2.1 trillion of economic output for the U.S. economy. IFA members include franchise companies in over 300 different business format categories, individual franchisees and companies that support the industry in marketing, law and business development.