Nonsequitur: $2 Trillion Cost and 2.5 Million Jobs Lost Due to Obamacare

February 4, 2014

The Congressional Budget Office has released a new report on the economy and revised projections. In Appendices B and C, the CBO estimates that the ACA will cost more than $2 Trillion over a ten-year period. Over this same time period, the ACA will eliminate over 2.5 million jobs due to “disincentives” built into the law.

The full report projects that the Budget Deficit will drop to $514 Billion (great news, only half a trillion over budget). The CBO also predicts continued slow growth of the economy and continued “slack” in employment.

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4 Responses to “Nonsequitur: $2 Trillion Cost and 2.5 Million Jobs Lost Due to Obamacare”

  1. Zeny said

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  2. […] inequality. It’s gotten a lot worse under his leadership. His policies and programs, such as Obamacare, have benefited the rich and the non-working poor at the expense of the working classes. The […]

  3. […] Downsized .” Whether it is the job killing effects of hyper-EPA regulation, or discouraging workers via Obamacare and never-ending unemployment benefits, this administration’s economic policies have weakened […]

  4. […] Governor isn’t the only Democrat urging you to mellow out. When the CBO announced that Obamacare would be killing millions of jobs, the Obama administration and Congressional allies […]

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