Washington Examiner: Waxman Cancels ObamaCare CEO Hearing
A 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.
Health care reform has passed, and as we look at tales of doctor shortages, mandated breastfeeding rooms, new taxes being found with each passing day, and know tax issues costing companies like Verizon, AT&T, Caterpillar and John Deere billions, it has become abundantly clear that the unintended adverse consequences from this new law have just begun to manifest themselves.
From a purely political standpoint, the Democrats have no choice but to try to move on. If they continue to keep the adverse consequences of health care reform in the headlines, as this hearing would have certainly done, the already palpable anger in this nation would surely remain at a fever pitch as the November mid-terms grow closer by the day.
So now, with the help of a mainstream press that takes its talking points directly from Nancy Pelosi’s office, we’ll see a dearth of coverage of the adverse effects of health care reform. Waxman’s move is part of that silencing effort. Instead, the focus will now shift onto reform of the financial system, as the Democrats feel they can find populist success campaigning against Wall Street.