Wednesday, February 5, 2014

Obamacare’s scorekeepers deliver a game-changer



"The congressional number-crunchers, perhaps the capital’s closest thing to a neutral referee, came out with a new report Tuesday, and it wasn’t pretty for Obamacare. The CBO predicted the law would have a “substantially larger” impact on the labor market than it had previously expected: The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."

[Washington Post]

  Also see:

Congressional Budget Office sends death blow to ObamaCare

[John Podhoretz]

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