CBO – The Skeptical Libertarian

Fact-Check: Did the CBO really say Obamacare increases unemployment by 2 million workers?

February 7, 2014

Background Since the Congressional Budget Office released its report earlier this week on the United States’ ten year economic outlook, a furious debate has been raging about over the report’s findings about the Affordable Care Act (aka “Obamacare”). In the report, CBO revised its estimate of the impact the health care reform will have on the … Continued

CBO finds Affordable Care Act cuts employment by equivalent of 2 million workers

February 4, 2014

By Bier

Appendix C of the Congressional Budget Office’s ten-year economic outlook, regarding the labor market effects of the Affordable Care Act, explains in devastating detail just how much the Act will hurt the already weak labor market. It’s pretty straightforward price theory, gauging the effects of the various taxes imposed and subsidies offered by the ACA. Below … Continued

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