VIDEO -- CBO Director Says Obamacare Provides a Disincentive to Work
Under questioning from Rep. Paul Ryan (R-WI) today, Congressional Budget Director Douglas Elmendorf said straight out that Obamacare's incentives scheme discourages work.
Elmendorf told Ryan: “By providing heavily subsidized health insurance to people with very low incomes and 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."
Article printed from PJ Media: http://pjmedia.com/tatler
URL to article: http://pjmedia.com/blog/video-cbo-director-says-obamacare-provides-a-disincentive-to-work