WASHINGTON D.C. – House Republican Whip Eric Cantor (R-VA) today issued the following statement after learning that House Energy & Commerce Committee Chairman Henry Waxman (D-CA) canceled a hearing scheduled for next week in which Democrats planned to interrogate multiple businesses that followed standard rules to point out the costly ramifications of the Democrats’ health care overhaul:
“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. The concerns expressed by these major American employers echoed those we made repeatedly in the effort to stop the 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. 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.
“During these challenging times, we need to empower entrepreneurs in the private sector to do what they do best: create jobs. While the cancellation of this ridiculous hearing is welcome news, I hope that Speaker Pelosi, Leader Reid and President Obama will finally begin to listen to employers that express legitimate concerns about the Democratic agenda – whether it’s health care, runaway spending, tax increases, or their taxpayer funded bailouts.”