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A report released by Democrats on the House Committee on Small Business noted that small businesses are finding it easier to secure medical coverage for their employees, thanks to a new tax credit enacted through the Patient Protection and Affordable Care Act. The report explained that a tax credit offered through the ACA provides $40 billion in relief for small business owners.

The report found that as many as 6.7 million small businesses will be eligible to claim the tax credit; and the credit has the potential to reduce annual out-of-pocket health insurance costs for each employee by $3,500.

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