We know there is big money in health care, but this deal breaks the bank. U.S. Healthcare is merging with Aetna, a $9 billion deal that they say will make the company lean and mean and they will be able to pass on huge savings to consumers. Spare me, Mr. Speaker. I do not see any lean and mean in sight. What I see is fat, fat and filthy rich. Check this out. The new chairman, Len Abramson, will make $1 billion, $1 billion in cash and stocks. If that is not enough to irritate your gallbladder, he will have two copresidents, and they will make millions of dollars more so they make sure the company is lean and mean. Beam me up. These nickel slicks must think that all Americans were born yesterday. The truth is these big fat cats are simply mean, and the only lean out there will be the downsized laid-off health care workers trying to make a mortgage payment. I yield back the balance of any more of this ripoff.
James Traficant: “We know there is big money in health care, but this deal breaks the bank. U.S. Healthcare is merging with Aetna, a $9…”
Editor's note · Context
Criticizing the merger between U.S. Healthcare and Aetna during a House floor speech.
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