Tuesday, February 04, 2014

CBO: Yeah, ObamaCare Still Pretty Bad

Shorter Congressional Budget Office:  ObamaCare will insure less than expected and result in more job losses than anticipated.
WASHINGTON—The Affordable Care Act is projected to reduce the number of full-time workers by roughly 2.3 million people through 2021 and insure 2 million fewer people this year than previously estimated, the Congressional Budget Office said Tuesday.
The CBO had previously estimated the labor force impact would be around 800,000 people in that time frame. CBO said the jobs figures largely represent Americans who will choose not to work rather than those who will lose their jobs or have their workweeks reduced because of the law.
And yet there remains some mystical attachment to this law as if there simply isn't any other way to achieve the aims of affordable healthcare...


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