Wednesday, April 14, 2010

Congress to grill CEO on HC cost charges!!

Oh, never mind. I am quoting:

"Energy and Commerce Committee Chairman Henry Waxman, D-Calif., has canceled a hearing intended to grill CEOs who took a charge against profits because of the health care reform bill.

The cancellation came after they realized what everyone already knew - that the companies were required to do what they did because of accounting rules. Waxman and others had reacted with outrage and accused the companies of doing it - in essence, to make health care reform look bad."

"House Minority Leader John Boehner, R-Ohio, responded to the cancelation saying, "House Democrats canceled this hearing because they don’t want to give America's employers a forum to tell the public how President Obama’s new health care law is already hurting our economy and hampering job creation."

"Chairman Waxman thought he could intimidate businesses into keeping quiet about this new job-killing health care law, but when they called his bluff by continuing to speak out, he chose to pull the plug," Boehner said in a statement.

Apparently Waxman hadn't read the bill!!!!


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