Posted on 04/14/2010 11:37:24 AM PDT by The Old Hoosier
A House Energy and Commerce Committee spokeswoman tells me that Chairman Henry Waxman, D-Calif., has indeed cancelled the April 21 subcommittee hearing in which CEOs were to testify about Obamacare. So far, the only indication of this change appears on the committee's website is on the Republican minority ranking member's site. In fact, the hearing still appears on Waxman's committee calendar for that day.
Waxman had called the hearing in reaction to public statements by several companies -- including Verizon, AT&T, and John Deere, among others -- that Obamacare would cost them hundreds of millions or even billions of dollars because it laid a new tax on their retiree health benefit payments.
(Excerpt) Read more at washingtonexaminer.com ...
Waxman gets bit by FASB 106.
The GOP needs to push going forward with this.
Why do you think he cancelled it.
The stench comiong off this bill is enough to make a buzzard puke, and Waxman got a whiff and called it off.
Too bad. I was really looking forward to Nostrildamus being read the law in an open hearing. Don’t suppose he’s given a reason for the cancellation......
Bad PR for dems and Obama if this were to happen. So, Obama, err, Waxman, cancels it.
“...earning the ire of Waxman and other Democrats....”
When Mr. Stalin’s spirit gets angry, it gets angry.
IMHO
Cause they’re going to be on C-SPAN?
Waxman is an arse, who should have been defeated at least ten years ago. His major role in passing DeathCare only adds to his disgusting “legacy”!!!!
Whether he cancels the hearings or not, the awful truth about the vile and evil health care “reform” act will come out, WAY before the election. Then scads of ‘Rats will lose their seats, but probably not Waxman since he represents a “safe” district.
My best guess would be that he cancelled on orders from Pelosi, who was getting complaints from major donors that ole Henry was making RATS look really really stupid.
Nostrilitus!
“Why do you think he cancelled it.”
He called the hearings thinking he could make the CEOs look bad.
Remember he accused them of trying to derail Obamacre with fear tactics. he said it was dirty pool of themn to announce the millions each company was taking as a write down.
Once someone explained to him the compnaies were required by law to take these write downs he realized he’d look stupid
I guess The Nose wasn’t feeling nosy today.
As most businessmen turn into major league pusses when in front of thuggish congressional committees, tripping all over themselves to see who can be first to apologize for having told the friggin’ TRUTH, it’s possible that we won’t have missed much.
I knew it! I posted that prediction here at FR the day he announced it. There was just no way that the Regime would allow themselves to be embarrassed like this.
Well, well, well. It’s time for “the list” once again.
(No 3,000% reduction in sight)
Obamacare charges for change in retirement prescription drug credit so far:
3M 90 million
AK Steel 31 million
Alcoa 80 million
Allegheny Tech 5 million
ALLETE INC 4 million
ARMSTRONG WORLD INDUSTRIES INC 22 million
ATT 1 billion
Boeing 150 million
Brush Engineered Materials 1.4 million
Caterpillar 100 million
Carpenter Technology 5.9 million
Deere & Co. 150 million
Eaton Corp 25 million
EMPIRE DISTRICT ELECTRIC CO 2.1 million
Excelon Corp 65 million
GENERAL MILLS INC 34 million
Goodrich Corp 10 million
Hartford Financial Services Group Inc 20 million
Honeywell 13 million
Illinois Tool Works $22 Million
Ingersoll-Rand $41 Million
Kroger $1.5 – 2.0 million
Lockheed Martin Corp 96 million
Metlife Inc 75 million
NEW JERSEY RESOURCES CORP 2.6 million
Norfolk Southern Corp 27 million
Otter Tail Corp 1.7 million
PPG Industries 85 million
Prudential 100 million
United States Steel 27 million
Valero Energy 20 million
Verizon 970 million
W.R.Grace 1.5 million
Xcel Energy 17 million
COWARD. All these rats are spineless cowards.
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