CBO Director Douglas Elmendorf Says Obama’s Socialized Healthcare Takeover Creates ‘Disincentive’ to Working
Douglas Elmendorf, Director of the nonpartisan Congressional Budget Office (CBO), has added fuel to the fire burning up any politician who supports Obamacare.
Mr. Elmendorf says that Obamacare could make lower-income people “better off, due to the largest redistribution of wealth, but that the new Socialized Healthcare Law actually creates a “disincentive for people to work”.
Of course Democrats and the corrupt Obama administration will disagree with the CBO, and try to smear and discredit CBO Director Douglas Elmendorf, but his statement is 100% true because many people would try and purposefully keep their income down to stay eligible for federal health care subsidies or Medicaid.
…The head of the nonpartisan Congressional Budget Office delivered a damning assessment Wednesday of the Affordable Care Act, telling lawmakers that ObamaCare creates a “disincentive for people to work,” adding fuel to Republican arguments that the law will hurt the economy.
The testimony from CBO Director Douglas Elmendorf comes after his office released a highly controversial report that detailed how millions of workers could cut back their hours or opt out of the job
...Continue Reading CBO Director Douglas Elmendorf Says Obama’s Socialized Healthcare Takeover Creates ‘Disincentive’ to Working