Wednesday, April 14, 2010

Henry Waxman Rochambeaus Himself

Waxman, (Dillweed-CA) Flew into a snit when several large companies announced that Obamacare would cost them millions and decided to call them on the carpet in front of his committee.

Now Waxman has quietly spiked his inquisition:
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.
Why? As it turns out, and Waxman's staff could have found out with a minimum of research, the companies were legally required to report the impact of the new socialized medicine law on their bottom lines:
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.
Metaphorical conception of Waxman self-administered nutshot: