We had to pass ObamaCARE to find out what was in it. So far what we’ve found to be in ObamaCARE is millions of Americans losing their existing health coverage despite Obama’s lie about people keeping their plan and doctor if they like it. We’ve also found in ObamaCARE that Americans who have, or purchase insurance will pay hundreds, if not thousands more for their monthly premiums and deductibles. Now, the CBO reports that ObamaCARE will force at least two million Americans out of the workforce, slow economic growth and reduce the numbers of hours worked by Americans. The economic impact of ObamaCARE is expected to hit sometime in 2016, just in time for the next presidential election!
According to the non-partisan CBO Obamacare is about to force another two million people out of the job market. Not just out of work but it will force people to work fewer hours or drop out of the job market altogether.
The report also finds that the economic burden is most likely to be felt among low-wage employees. Instead of trying to score political points by attempting to raise the minimum wage, Democrats should focus on repealing ObamaCare and providing real economic relief to American workers?
President Obama routinely says his Administration is committed to creating jobs, but in reality his unpopular and unworkable health care law will lower wages, reduce hours, destroy jobs, and force millions of Americans out of the labor force.