The Congressional Budget Office’s latest report is out, and it’s not pretty. The CBO has confirmed that, as a result of the implementation of Obamacare, we will see the number of full-time workers drop by around two million (yes, million.) Via the Pasadena Citizen:
So in addition to people getting canceled policies or sticker shock and finding out that their health care costs didn’t go down, they went up, or finding that if you like your doctor, you can’t keep them, what we’re finding is that these same people may find themselves out of work as a result of the policies of the Affordable Care Act. Yet despite all of this, the President still won’t get behind genuine pro-growth reforms, he won’t support genuine reforms of our existing programs like Medicare and Social Security that would actually save them and put them on a fiscally sustainable path. He has no plan for controlling our national debt.
With two million more people out of the workforce, and growing uncertainty about the American health care system’s inability to adapt to the new regulations, Democrats are still unwilling to clean up the Obamacare mess.
So far the Majority Leader and the President have shown zero interest in trying to work with Republicans to solve our nation’s most serious economic challenges which are having a direct impact on the American people.