Democratic Commerce Committee chair, Rep. Henry Waxman (D-CA) and former health care holdout, Rep. Bart Stupak (D-MI) have ordered large businesses who say their health care costs will increase under Obamacare, to appear in front of the committee and prove their claims.
As the details of the health care costs trickle out, large companies like AT&T, Verizon, John Deere and Caterpillar began the process of alerting their shareholders of billions in added health care expenses that will affect their bottom line.
This small group of CEOs has been summoned by Democrats to appear in front of a Subcommittee on Oversight and Investigations on April 21, 2010. Democratic lawmakers are demanding these corporate CEOs gather their health care documents from this year and prove their “analysis related to the projected impact of health care reform.”