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.”