First death panel canceled: Henry Waxman cancels HCR show trial

Posted by: ST on April 14, 2010 at 5:22 pm

David Freddoso reports (via Kim Priestap):

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.

[...]

The CEOs, required by law to be honest about earnings projections, re-stated their bottom lines in reaction to Obamacare’s passage, earning the ire of Waxman and other Democrats.

Hearings on this matter would likely have proved an embarrassment to the Democrats and helped drag out discussion of Obamacare’s unexpected ill effects.

Twitter commenter pcan asked a good question earlier about this:

Will Waxman reimburse the companies that collectively probably spent Million$ preparing to comply w/his Show Trial?

Sure he will, right about the time he gets around to apologizing for calling Obama opponents unAmerican last year for not supporting The One’s agenda.

Although this is welcomed news, I’m not so sure the battle between Democrats and these corporations is over.  I wouldn’t be surprised to see the first death panel rescheduled for a later date. We’ll see.

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7 Responses to “First death panel canceled: Henry Waxman cancels HCR show trial”

Comments

  1. Larry Sheldon says:

    I wonder if that will be mentioned in tonight’s paper.

    Probably not–I think the guy that updates stuff only comes in when UNL football has a game.

  2. Carlos says:

    Jobs are the president’s #1 priority – making sure there are none in the private sector and all new jobs are government and subservient to the federal government.

    That’s his, and all the jackasses, plan and he’s sticking to it (and it to us).

    I’m just curious as to how much he “feels our pain? Does he feel any pain?

    Oh, I forgot. The chosen won doesn’t have to feel pain – he’s above all that commoner crap.

  3. Kate says:

    Well, as long as there are big bad corporations these democraps will have axes to grind into their heads….IMHO….these hearings were “postponed” because they have to look for a fig leaf to cover their tushies. They have to consult more with their “experts”–probably the same tax cheat lawyers that they use to NOT PAY TAXES (Charlie Rangel has a few good ones to suggest).

    As always when confronted with their own laws and the unexpected outcomes of such laws, they have no defense. They probably did read those banking laws, either.

  4. Carlos says:

    The jackasses are primo when invoking the law of unintended consequences. If they can dream (and that’s all they ever do, is dream – they never look at reality and plan accordingly) some scheme up, why should they care about consequences? That’s for the great unwashed who have to live by their laws, not the lawmakers.

    I would think a new constitutional amendment would be in order now, one that requires any new rules or laws to be placed on the lawmakers themselves for, say, 12 or 24 months before anyone else is subject to them. Maybe then they’d pay attention to what those laws really do.

  5. Neo says:

    I’m sure this will get out the senior vote …

    You don’t think Democrats in Congress would knock over their own cancer-stricken mothers to squeeze out a few extra dollars for earmarks? Oh, you’re so wrong.
    Currently, people with massive medical expenses — more than 7.5 percent of their income — can deduct them on their taxes. Under Obamacare, the threshold goes up to 10 percent in 2013 for younger taxpayers and in 2017 for older ones.
    According to the Hill, this unnoticed tax hike will squeeze $15.2 billion out of 15 million very sick people, 99 percent of whom make less than $200,000 per year.

  6. Kate says:

    Carlos~~I am all for that Guinea Pig Amendment!! I suggest that they test their health care plan on all federal employees first!

  7. Carlos says:

    I don’t know for sure, but it seems to me that if you’re in business for yourself (basically a one- or two-man operation, which most entrepreneurs are), you don’t get the write-off of medical insurances big companies do. Since medical deductions only start after being larger than 7.5% of your AGI, that means the entrepreneur (and the person who buys his own insurance out-of-pocket) is basically screwed when compared to the big bribers campaign contributors.

    Just one more way your congresscritter is looking out for what’s important.