Paul Ryan and Ron Johnson Respond to New CBO Reports on Obamacare
MacIver News Service | February 5, 2014[Washington, D.C.] Wisconsin Congressional leaders recently responded to the new Congressional Budget Office (CBO) reports on Obamacare that were released on Tuesday.
The new reports project that more than two million people will be forced out of the workforce by Obamacare, labor demand will be suppressed, and one million fewer people will sign up health insurance on the exchanges.
“Washington can’t continue to ignore the problem: trillions of dollars in empty promises. And Obamacare is only making things worse. This costly law is not only pushing government spending to new heights; it is disrupting coverage and leaving millions of Americans worse off,” U.S. Rep. Paul Ryan (R-WI 1st District) said in a statement.
“CBO says the law will push 2.3 million people out of the workforce and will insure far fewer people than previously expected.”
U.S. Sen. Ron Johnson (R-Wisconsin) was not surprised by the new projections and said this offers more proof that Obamacare is damaging to the economy.
“Sadly, yesterday, we received further proof of the true harm done to our country by the Patient Protection and Affordable Care Act (PPACA). The Congressional Budget Office (CBO) released a report on the budget that shows PPACA is expected to lower wages and depress the incentive for individuals to look for higher wages,” Johnson said in a statement.
“CBO’s analysis should put to rest any doubt left among the proponents of this law that it is harmful. The people of Wisconsin are already seeing their insurance cost skyrocket, losing access to their doctors, and losing the health plans they liked. This report is additional proof that the law damages every component of our economy.”