Waxman Cancels Obamacare Hearing

House Energy & Commerce Committee Chairman Henry Waxman (D-Calif.) late yesterday canceled a hearing scheduled for next week designed to intimidate businesses for following the law and immediately reporting the devastating impact of Obamacare to their bottom line.

It appears Democrats don’t understand the implications of the legislation they’re passing.  It would probably help if they read the massive bills before passing them. 

The last thing Democrats need to do right now is call more attention to the disastrous consequences of Obamacare — intended or otherwise.  Looks like Waxman’s figured at least that part out.

House Republican Whip Eric Cantor (R-Va.) called the hearing out of line.

“Chairman Waxman’s effort to summon businesses that chose to act responsibly in compliance with standard rules was out of line, and a clear sign that the Democrat majority does not wish to acknowledge the realities of their severely flawed health care law,” Cantor said.

“Recently, several major employers — including Caterpillar, Verizon, AT&T, and John Deere — properly notified investors that the Democrats’ health care overhaul will dramatically increase costs, resulting in fewer jobs and higher costs for American workers,” Cantor continued.  “The concerns expressed by these major American employers echoed those we made repeatedly in the effort to stop President’s health care overhaul and instead lower costs and increase access to quality care for families, businesses, and workers.”

“Washington should be listening to the concerns of employers and job creators and heeding their warnings, not punishing them for acting responsibly,” Cantor said.