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Democrats threaten companies hit hard by health care bill
Washington Examiner ^ | 3/28/10 | Byron York

Posted on 03/28/2010 11:05:23 AM PDT by Nachum

Rep. Henry Waxman, chairman of the House Committee on Energy and Commerce, has summoned some of the nation's top executives to Capitol Hill to defend their assessment that the new national health care reform law will cost their companies hundreds of millions of dollars in health insurance expenses. Waxman is also demanding that the executives give lawmakers internal company documents related to health care finances -- a move one committee Republicans describes as "an attempt to intimidate and silence opponents of the Democrats' flawed health care reform legislation."

On Thursday and Friday, the companies -- so far, they include AT&T, Verizon, Caterpillar, Deere, Valero Energy, AK Steel and 3M -- said a tax provision in the new health care law will make it far more expensive to provide prescription drug coverage to their retired employees. Now, both retirees and current employees of those companies are wondering whether the new law could mean reduced or canceled benefits for them in the future.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Crime/Corruption; Culture/Society; Editorial; Front Page News; Government; News/Current Events
KEYWORDS: 111th; bhohealthcare; byronyork; ceo; companies; deereheadlights; democrats; examiner; healthcare; threaten
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To: KeyLargo

Thanks, posted it to the website.


51 posted on 03/28/2010 6:24:27 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Agreed—


52 posted on 03/28/2010 7:02:26 PM PDT by mtntop3
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To: yefragetuwrabrumuy
My kids are are aware of the things you mentioned.They are very smart and I try to make them aware at an early age that,someday they will be on their own.
I try not to influence them as to how they make their decision's,but i do want them to know they have the right to their opinions.
I implicitly make them aware that looks are not everything.If it were,they would run at the sight of me!!
Your reply was very well taken,and will be shown to my kids.
Nine Grand children and three children.Thanks.
53 posted on 03/30/2010 12:14:47 PM PDT by xarmydog
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