Policy

Two-Thirds of Small Businesses Aren't Ready for ObamaCare

Too busy trying to survive

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Less than a third of small businesses say they're prepared for the regulatory mandates under ObamaCare, a new survey from the U.S. Chamber of Commerce found.

The business lobby's quarterly survey of small firms found a concerns over the law have increased by a double-digit margin over the last year, and by four percentage points since the first three months on 2013.

"Excessive regulation is having a crippling effect on job growth among small businesses, as our latest small business survey makes clear," said Rob Engstrom, the Chamber's senior vice president. "In fact, the only thing that scares small businesses more than the current business climate is what Washington bureaucrats will do next."