CBO Director: ObamaCare Creates a Disincentive for People to Work
‘The act creates a disincentive for people to work, relative to what would have been the case in the absence of that act’
CBO Director: Obamacare Creates a Disincentive For People to Work (Washington Free Beacon)
CBO Director Douglas Elmendorf testified before the House Budget Committee on Wednesday that the subsidy structure of Obamacare creates a disincentive for people to work.
“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,” Elemendorf said.
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