Latest CBO Report Confirms Negative Impact Of ObamaCare And Long-Term Debt Woes

Today, another government agency run by Obama issued a rebuke of one of his policy stances. Last week, it was the State Department giving the green (get it?) light for Keystone XL. Today, it’s theCongressional Budget Office asserting that Obama’s signature accomplishment, ObamaCare, will result in 2 million fewer full-time equivalent workers by 2017. Remember when Pelosi said the law would create 4 million jobs? We now know, with all due respect, that’s a bunch of malarkey. The CBO indicated further that ObamaCare would decrease labor force participation, which is already its lowest since 1978, and increase spending on our entitlement programs that are already considered unsustainable. 2014 is off to a great start for the Democrats.