Henry Waxman Cancels Meeting with CEO of ATT-Caterpillar-John Deere & Valero

Energy and Commerce Committee Chairman Henry Waxman, D-Calif., has canceled a hearing intended to grill CEOs who took a charge against profits because of the health care reform bill.

The cancellation came after they realized what everyone already knew - that the companies were required to do what they did because of accounting rules. Waxman and others had reacted with outrage and accused the companies of doing it - in essence, to make health care reform look bad.

AT&T took a $1 billion charge and other companies including Caterpillar, John Deere, and Valero Energy, and 3M took hundreds of millions in charges because of the health care reforms.

Category:

News & Politics

Tags:

• ATT
• John Deere
• Caterpillar
• Valero
• Henry Waxman
• Health Care
• Obamcare

[Eatm308amA]

Yeah, waxman/congress would have been exposed. Chicken shits ran for the media fallout shelter.

[countryboy1949]

@Eatm308amA That's exactly what they did.

[SWEP2AOTC2002]

ugh waxman looks every bit the evil schmuck

[adamitshelanu]

Waxman is a typical Democrat Commie fellow traveler. :^)