Just when the Democrats thought they’d bribed everyone who needed bribing and threatened everyone who needed threatening, along come a group of CEOs complaining that ObamaCare is going to cost them a friggin’ fortune.
An outraged Henry Waxman “…called the chief executive officers of AT&T, Verizon, Caterpillar and Deere & Co. to provide evidence to support costs the companies plan to book related to the new health-care law.
“Waxman, chairman of the House Energy and Commerce Committee, and subcommittee Chairman Bart Stupak released letters they wrote to the executives, saying their plans to record expenses against earnings as a result of the law contradict other estimates. The lawmakers requested the executives appear at hearing Stupak plans on April 21.”
We’d guess that Waxman and Stupak don’t know that businesses have to use real money instead of the pretend kind Congress throws around with wild abandon.
Waxman stopped short of calling the CEOs liars, but said, “The new law is designed to expand coverage and bring down costs, so your assertions are a matter of concern … They also appear to conflict with independent analysis.”
Translation? Waxman thinks the CEOs are lying, or even worse, telling the truth in a way that makes Democrats look bad.
The congressmen insist they’ve been fair to the CEOs in question. They’re merely demanding that the CEOs bring all pertinent documents, emails, voice mails, etc.
As of this morning Waxman and Stupak have not announced plans to conduct full body cavity searches on the CEOs. But that’s subject to change without notification.
Source: Business Week
