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April 14, 2010

Congress backs down on the CEO Healthcare Grilling

   You might remember a month ago when businesses starting filing tax forms indicating how much money it would cost them when the healthcare bill was passed.  Remember leaders from the Democratic party all up in arms over these outright LIES by the companies?  This bill will save money, not cost money!  Then Henry Waxman calls these companies to come testify before Congress about what they think they are doing - they need to explain themselves.  Well, that's all over now.  Someone must have realized that the teams of professional accountants and the independent auditors that verify the data actually did their job and, sure enough, they did it right!  Now Waxman has cancelled the hearings.  I wasn't aware that it was in the job description for Congress to try and bully a corporate CEO when the reality of a bill becoming law doesn't agree with the rhetoric.  You can read the entire article here.

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