Congressman Pete Sessions' Taco Bueno Visit
by Pete Sessions on March 20, 2012 at 6:36 PM
This past week, I had the opportunity to visit the Taco Bueno Headquarters in Dallas to learn more about the company and also how federal laws impact it. Taco Bueno has over 3,000 employees nationwide and the majority of those employees are in the state of Texas.
Taco Bueno, like many American companies, has already felt the negative impact of the Durbin amendment of the Dodd-Frank bill, a 2,300 page financial overhaul that brought forth an explosion of government regulations. Additionally, Taco Bueno is now concerned with the impact that the government takeover of health care could have as a major cost increase for the company. As we have heard from countless businesses, the impact of the health care law may lead to slowed growth, fewer employees and expansion of their companies outside of the US.
Furthermore, this week the nonpartisan Congressional Budget Office (CBO) released two analyses of the health care law which underscore its negative impact on our nation’s economy. The first, released on Tuesday, predicted the health care law will actually cost nearly $1.8 trillion between 2012 and 2022. CBO originally estimated its cost to be $938 billion between 2010 and 2019. On Thursday, CBO released an analysis which finds that three to five million Americans will be pushed out of their employer-provided health insurance each year from 2019 through 2022 under the President’s health care law. As your Member of Congress, I will continue to fight to repeal the new health care law and replace it with patient-centered solutions to assist American families and businesses.