Author Topic: Caterpillar: Health care bill would cost it $100M in first year alone  (Read 7632 times)

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Offline rich_t

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Re: Caterpillar: Health care bill would cost it $100M in first year alone
« Reply #25 on: March 27, 2010, 04:21:47 PM »
It's the set up line for the joke. :)

Doh....

 :uhsure:
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline thundley4

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Re: Caterpillar: Health care bill would cost it $100M in first year alone
« Reply #26 on: March 27, 2010, 04:53:50 PM »
Quote
Waxman to question corporate execs...

The company announcements Friday prompted Democrats in Congress to push back.

Rep. Henry Waxman, a California Democrat who co-chairs a subcommittee on oversight and investigations, said he'll convene a hearing next month to question company executives about their moves.

"The new law is designed to expand coverage and bring down costs, so your assertions are a matter of concern," said a letter from Waxman and co-chair Bart Stupak inviting executives such as AT&T chief executive Randall Stephenson to testify.

"They also appear to conflict with independent analyses. ... The Business Roundtable, an association of chief executive officers from leading U.S. companies, asserted in November 2009 that health care reform could reduce predicted health insurance cost trends for businesses by more than $3,000 per employee over the next 10 years," the letter said.

The hearing is scheduled for April 21.

This is what we've come to in the land of the free.

A government imposes a policy, corporations take actions to lessen the impact of those policies on their bottom line, and the government calls them to hearings conducted by the very people responsible for the imposition.

This is America under Obama.

Do you have enough hope and change yet?
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