From Lori Ziganto’s latest article at RedState:
Shortly after the boondoggle known as the health care bill was passed, corporations discovered that the bill had a lot of detrimental factors to it, which, as Nancy Pelosi infamously said, we couldn’t find out until the bill was passed. As such, upon its passage, corporations began taking write-downs due to the elimination, by the new law, of many deductions they had previously been allowed to take.
This didn’t sit well with Representative Waxman, being utterly ignorant in the ways of business, and it got his rather unfortunate nose out of joint. He decided to use strong arm tactics, in his position as Chairman of the House Energy and Commerce Committee and demanded various things from corporations, including confidential memos. Egregious enough as that was, he didn’t stop there. Unfortunately for him and his fellow Democrats, there were unintended consequences of his strong arm tactics. They ended up revealing the intended consequences of the Health Care Bill:
No more employer-provided health care for you.