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providing a partial subsidy rather than having employers move these retire rees to the program. and frankly at the time congress could have done it one or two ways could have made a bigger subsidy and made it taxable or make a smaller subsidy and make it nontaxable. for their own accounting purposes they chose to make it a smaller subsidy and makes it nontaxable from employers perspective would have been the same either way. now that it s gone employers are being faced with this problem. megyn: so now in the wake of this. the reason this is getting headlines in addition to the fact these huge companies are saying they are going to be taking these billion dollar hits in the case of at&t which you know, causes some people concern about jobs and so on but the reason this is news is because henry waxman who is the chair of this big committee over the house issued subpoenas. he wants these people to show up. he s going to issue them if they don t to show up in the house and testify to defen

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