Democratic U.S. Senate candidate Deborah Ross told entrepreneurs Wednesday that many people looking to start a business are unable to do so because of crushing debt.
“(We need to) reward people who take financial risks in start-ups,” Ross said.
Citing healthcare costs and debt as two of the biggest obstacles for emerging business leaders, Ross spoke to about 50 members of the business community at a question-and-answer session organized by ExitEvent, a group affiliated with television station WRAL that covers startup news, technology, business and entrepreneurship. ExitEvent said it is trying to schedule similar events with Gov. Pat McCrory and Ross’s Republican opponent, Sen. Richard Burr.
Isa Watson, founder and CEO of Envested, whose social network facilitates local giving, asked Ross how companies could adapt to increases in healthcare costs.
Ross suggested state governments should expand Medicaid.
“The Affordable Care Act is not perfect,” Ross said. “It definitely needs some changes. It would be a lot more effective here in North Carolina if our legislature would expand Medicaid so that the price of overall health care would go down.”
Ross also criticized Burr and other Republican senators for the Senate’s refusal to hold a vote on a new Supreme Court justice.
“You’ve got to have U.S. senators who are forward thinking and will do their job, and that will be me,” Ross said.
Burr’s campaign has said the next president should nominate a Supreme Court justice so voters can influence the outcome.