Tags
budget office, CBO, creates disincentivism, dependency class, Elmendorf, Obamacare, Paul Ryan, politics, work ACA
[FoxNews.com]
Published February 05, 2014
The head of the nonpartisan Congressional Budget Office delivered a damning assessment Wednesday of the Affordable Care Act, telling lawmakers that ObamaCare creates a “disincentive for people to work,” adding fuel to Republican arguments that the law will hurt the economy.
The testimony from CBO Director Douglas Elmendorf comes after his office released a highly controversial report that detailed how millions of workers could cut back their hours or opt out of the job market entirely because of benefits under the health law.
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