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Politics : President Barack Obama
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To: tonto who wrote (141991)2/13/2014 3:27:09 PM
From: Alex MG  Read Replies (1) of 149317
 
oh looky look... it didn't take long to find a post by you that is pretty much a right wing lie

this is total right wing spin on the CBO report

and i notice you didn't include the source of what you posted which is worldmag.com

Message 29373272
WASHINGTON—After months of reports on higher premiums and lost coverage, the Congressional Budget Office on Tuesday confirmed what most Americans already knew: Obamacare is hurting workers. In the latest CBO report, non-partisan budget crunchers project the Affordable Care Act will cost the economy the equivalent 2.3 million full-time jobs by 2021 and will continually stifle economic growth, especially after 2016.

The CBO previously estimated the president’s healthcare law would result in 800,000 fewer jobs, but it revised the numbers based on a variety of factors, including employers reducing full-time workers to part-time hours, and people who may choose to remain unemployed to keep government subsidies. For those already in the workforce, the report notes subsidies phase out as income rises, “creating an implicit tax on additional earnings—whereas for other people the act imposes higher taxes on labor income directly.”

Congressional Republicans pounced on the news: “Today’s CBO report confirms the devastating effects that Obamacare is having on jobs and the economy,” said Rep. Diane Black, R-Tenn., a member of the House Ways and Means Committee.
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