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
Tuesday, February 4, 2014
CBO: O-Care slowing growth
Labels:
economic growth,
economy,
Obamacare,
slowing
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