The new healthcare law will slow economic growth over the next decade, costing the nation about 2.3 million jobs and contributing to a $1 trillion increase in projected deficits, the Congressional Budget Office said in a report released Tuesday. The non-partisan group’s report found that the healthcare law’s negative effects on the economy will be “substantially larger” than what it had previously anticipated.
Read more at The Hill
(Hat tip: KimR)
Tuesday, February 4, 2014
CBO: O-Care slowing growth
Labels:
economic growth,
economy,
Obamacare,
slowing
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