February 4, 2014

THE HILL: CBO: ObamaCare Slowing Growth, Contributing To Job Losses. “The non-partisan group’s report found that the healthcare law’s negative effects on the economy will be ‘substantially larger’ than what it had previously anticipated. The CBO is now estimating that the law will reduce labor force compensation by 1 percent from 2017 to 2024, twice the reduction it previously had projected.”

UPDATE: This must have been painful for Chuck Todd to write: “CBO essentially reaffirms GOP talking points on health care. Says it will cost jobs, feel as if it raises taxes and contributes to deficit.”

ANOTHER UPDATE: Flashback: FactCheck.Org: A ‘Job-Killing’ Law? House Republicans misrepresent the facts. Experts predict the health care law will have little effect on employment. So were these “fact-checkers” right about anything? Or were they just engaged to defend the Obama narrative until after the election?