CBO Director: Obamacare ‘Creates a Disincentive for People to Work’
“ '[B]y providing heavily subsidized health insurance to people with very low income and then withdrawing those subsidies as income rises, the act creates a disincentive for people to work—relative to what would have been the case in the absence of that act.”
"Elmendorf, a Democrat, tried to claim that these people who would “have less of an incentive to work” would be “better off,” but Budget Committee chairman Paul Ryan was having none of it."
LA Times likes the CBO report "We've previously identified this GOP position as the most cynical attack on the ACA of all — the Republicans choose to call it a "bailout" of insurers; actually, it's a way of keeping premiums for some plans from getting out of hand, until the industry has more experience dealing with its new clientele. Unsurprisingly, the GOP is doubling down on this dishonesty by talking about eliminating the risk corridors as a condition for raising the federal debt limit."
Pelosi: Fighting “Job Lock” Lets Americans “Follow Their Passion” – Like Leaving the Workforce “ 'Liberty to pursue their happiness”! But Pelosi has this all wrong. The CBO projections aren’t finding that people will “follow their passion” and become self-employed, or start a business. The CBO projects that people will simply stop working."
Remember When Dems Said ObamaCare Would Create Jobs? "When Democrats like Nancy Pelosi defended ObamaCare back in 2010 by claiming it would immediately create 400,000 new jobs, anyone with an ounce of common sense knew the claim was completely false…"
“ '[B]y providing heavily subsidized health insurance to people with very low income and then withdrawing those subsidies as income rises, the act creates a disincentive for people to work—relative to what would have been the case in the absence of that act.”
"Elmendorf, a Democrat, tried to claim that these people who would “have less of an incentive to work” would be “better off,” but Budget Committee chairman Paul Ryan was having none of it."
LA Times likes the CBO report "We've previously identified this GOP position as the most cynical attack on the ACA of all — the Republicans choose to call it a "bailout" of insurers; actually, it's a way of keeping premiums for some plans from getting out of hand, until the industry has more experience dealing with its new clientele. Unsurprisingly, the GOP is doubling down on this dishonesty by talking about eliminating the risk corridors as a condition for raising the federal debt limit."
Pelosi: Fighting “Job Lock” Lets Americans “Follow Their Passion” – Like Leaving the Workforce “ 'Liberty to pursue their happiness”! But Pelosi has this all wrong. The CBO projections aren’t finding that people will “follow their passion” and become self-employed, or start a business. The CBO projects that people will simply stop working."
Remember When Dems Said ObamaCare Would Create Jobs? "When Democrats like Nancy Pelosi defended ObamaCare back in 2010 by claiming it would immediately create 400,000 new jobs, anyone with an ounce of common sense knew the claim was completely false…"
, in the midst of criminal and congressional investigations, while civil litigation is pending in federal court, before a single deposition is taken and while the IRS clings to tens of thousands of documents, the president of the United States has spoken. His meaning is clear.
