Poll: 80% of Business Owners Oppose Medicare Sequestration Cuts

About 80 percent of small business owners — even Republicans — oppose cuts to entitlements such as Medicare and Social Security for fear such measures would hurt sales, according to results from a survey conducted by lobbying group Small Business Majority.

Advertisement

Of the 500 businesses surveyed nationwide, most believed the cuts would hurt consumer confidence and shrink consumers’ discretionary income. Fifty-two percent of owners identified as Republican, the party that historically has been the loudest supporter of entitlement reform.

More Articles on Medicare Reform:

CMS Launches Initiative for Medicare Patients With End-Stage Renal Disease
CMS Proposes Medicare Reforms to Save Hospitals $676M Per Year
GOP Representative Unveils Bill to Repeal PPACA’s Cost-Cutting Board

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.