AT&T and other companies following SEC rules in announcing that they expect Obamacare to raise their health insurance costs have received demands from Henry Waxman and Bart Stupak to justify the numbers. They’re going to hold a hearing to get to the bottom of this. I’d prefer they’d hold a listening, but they proven they can’t do that, either.
These congressmen write in part:
The new law is designed to expand coverage and bring down costs, so your assertions are a matter of concern. They also appear to conflict with independent analyses.
These are the people who gamed the CBO to get a false cost for Obamacare, a bill of which they didn’t even know the content. They are the people responsible for Fannie Mae and Freddie Mac. They are the people responsible for the decline in sales of US Treasuries. They are congenitally incapable of balancing a budget. They praise themselves for programs like “Cash for Clunkers.” They propose to raise energy costs dramatically through the Cap & Tax bill. These are the people who bribe each other with your money. They run Ponzi schemes known as Social Security and Medicare. They live in a fantasy world, where facts are subject to their intent: “The new law is designed…” They think all they need do is reference their putative intentions. Putative, because, as they demonstrate, it isn’t about health care.
This is straight out of Atlas Shrugged.
Bad link fixed, 2:22PM