"I have owned businesses for decades and never in my life have I experienced so much anger and frustration as with Obamacare." So said Dr. Joseph P. Sergio, president of Sergio Corporation (South Bend, Indiana), in June 3 testimony in front of the Congressional Joint Economic Committee's hearing "Examining the Employment Effects of the Affordable Care Act."

Sergio Corporation owns and operates two small businesses. First Response is a disaster restoration company with clients across the nation. Polar Clean America cleans industrial facilities with an environmentally-friendly dry ice process.

"Our health insurance in 2015 will be our largest single vendor, even higher than construction material costs, and we are a construction company," said Dr. Sergio. "How do we adjust for a 24 percent increase in costs in one year, which is largely due to the increase in the number of ACA requirements and regulations that had to be incorporated into the plan?"