FRONT PAGE CONTRIBUTOR
Henry Waxman has a problem…and it’s not his nose hair!
The list keeps getting longer*.
Henry Waxman’s inquisition is going to be very long if those d*mn accountants keep doing their jobs.
ObamaCosts (in Dollars) so far…
- Caterpillar: $100 Million
- John Deere: $150 Million
- AT&T: $1 Billion
- 3M: $85 to $90 Million
- Valero Energy: $15 to $20 Million
- AK Steel: $31 Million
- Verizon: $500 Million
- Prudential: $100 Million
- Illinois Tool Works $22 Million
- Honeywell: $13 Million
- Allegheny Technologies: $5 Million
- Goodrich: $10 Million
- Verizon: $970 Million
- Boeing: $150 Million
- Lockheed Martin Corp: $96 Million
- Exelon Corp: $65 Million
- Eaton Corp: $25 Million
- Hartford Financial Services Group, Inc: $20 Million
RUNNING TOTAL: $3,347,000,000
Officials at Fort Smith-based Baldor Electric Co. also have not determined the financial impact of the new bill, although they anticipate it will add costs for the company.
“We do know, however, that the legislation which passed last week will have a negative effect on our overall health care costs. Health care costs for our company and our employees will increase next year as a result of the new provisions required by the law,” said Tracy Long, Baldor’s vice president-investor relations.
*Note: In deference to acat’s superb sense of humor, the title of this post was changed accordingly (see comment below).