It doesn't get better than this. CEO's and CPA's are looking at this monstrosity and doing the numbers. If the numbers don't work these CEO's have to warn their investors because it AFFECTS their EARNINGS, they are REQUIRED to by LAW under the SEC and GAAP standards set in place by the GOVERNMENT. They also have to WARN their EMPLOYEES by law that this will AFFECT their BENEFITS and most likely their JOBS.
So now they have one of their major PIT BULLS on it to stop the hemmoraging. Waxman looks like a PIT BULL, no insult to PIT BUllS intended here.
This happens on April 21st, is should be great fun to watch as these CEO's take thos PIP sqeaks to task on this.
Democrats threaten companies hit hard by health care bill | Washington Examiner
Waxman is also demanding that the executives give lawmakers internal company documents related to health care finances -- a move one committee Republican 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.
The news is an embarrassment
Read more at the Washington Examiner: http://www.washingtonexaminer.com/p...-health-care-bill-89347127.html#ixzz0jfnsQ4cR
So now they have one of their major PIT BULLS on it to stop the hemmoraging. Waxman looks like a PIT BULL, no insult to PIT BUllS intended here.
This happens on April 21st, is should be great fun to watch as these CEO's take thos PIP sqeaks to task on this.
Democrats threaten companies hit hard by health care bill | Washington Examiner
Waxman is also demanding that the executives give lawmakers internal company documents related to health care finances -- a move one committee Republican 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.
The news is an embarrassment
Read more at the Washington Examiner: http://www.washingtonexaminer.com/p...-health-care-bill-89347127.html#ixzz0jfnsQ4cR
Last edited: