It's Official: ObamaCare a Blow to Job Seekers

Are Republicans engaged in demagoguery when they claim that ObamaCare is a job killer? Not according to the number crunchers the Obama crowd loves the most - the Congressional Budget Office.

Congressman Paul Ryan: “[I]t’s been argued...that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?”

CBO Director Douglas Elmendorf : “Yes.”...

Rep. John Campbell: ...That means that, in your estimation, the health care law would reduce employment by 800,000 in '20-'21. Is that correct? 

Elmendorf: Yes. The way I would put it is that we do estimate, as you said, that...employment will be about 160 million by the end of the decade.  Half a percent of that is 800,000.