Showing posts with label Congressional Budget Office. Show all posts
Showing posts with label Congressional Budget Office. Show all posts

Thursday, February 6, 2014

CBO Report On ObamaCare Not "Job Killer" as Touted in Right Wing World

This guy wrote it, so he should know what it means.
Image from source, Think Progress
If there's one thing you can be relatively certain of, it's that if FOX "News," conservative talk radio and the rest of Right Wing World are screeching about something? It's most probably skewed or downright wrong. Don't be shocked, it's happened again.

[Excerpt]

Conservatives Seize On Report To Argue Obamacare Is A Job Killer — But The Author Says They’re Wrong

. . .Testifying before the House Budget Committee on the CBO’s newly released economic projections for the next decade, Elmendorf addressed the report’s finding that the Affordable Care Act will reduce the labor participation rate and the total number of hours worked by an equivalent of 2 million jobs in 2017. According to Elmendorf, that statistic is being taken out of context to suggest that Obamacare will eliminate jobs. . .

Read more at: Think Progress
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