Senate's Obamacare repeal bill sends clear message to the next president
Senator Hatch: The law 'has been a disaster. The American people deserve better.'
December 15, 2015
(SitNews) Washington, D.C. - American workers will have shorter hours in the coming decade if the non-partisan Congressional Budget Office is correct in its study of a new-found effect of Obamacare. But it won't mean more leisure time; it will have them scrambling to find ways to make ends meet because shorter work days and unemployment will put less money in their pockets.
The CBO conducted an analysis of the healthcare law and concluded that: "Some people would choose to work fewer hours; others would leave the labor force entirely or remain unemployed for longer than they otherwise would."
According to this latest installment of the Congressional Budget Office's Working Paper Series analysis "The labor force is projected to be about 2 million full-time-equivalent workers smaller in 2025 under the ACA [Affordable Care Act] than it would have been otherwise."
Dan Weber, president of the Association of Mature American Citizens, described the updated government report as proof the president's signature legislation is "the unwanted gift that keeps on giving-watered-down health coverage, super-high deductibles, higher taxes and premiums, a no-choice caretaker procedure and a failure to do what it was supposed to do, insure the uninsured."
Last week the Senate passed legislation that would repeal Obamacare and open the way for what its sponsors say would be a "bipartisan reevaluation of health care in America." And, although President Obama is sure to veto the bill, the repeal measure sends a clear message for a new president in 2017.
Sen. Orrin G. Hatch (R-UT) is one of the most ardent sponsors of a new healthcare law. In a recent article published in the Salt Lake Tribune he wrote that: "As chairman of the Senate Finance Committee, I have led rigorous oversight of numerous aspects of the law and the botched implementation of various programs. Along with Sen. Richard Burr and Rep. Fred Upton, I have drafted a replacement plan for Obamacare - the Patient CARE Act - that replaces the president's failed policies with market-based and patient-centered reforms." He added: "The evidence is clear - Obamacare has been a disaster. The American people deserve better, which is why I am leading the fight in Congress to replace it."
On the Web:
December 2015 -- How CBO Estimates the Effects of the Affordable Care Act on the Labor Market
Click here to download (PDF) from the Congressional Budget Office's Website
Edited by Mary Kauffman, SitNews
Source of News:
Sen. Orrin G. Hatch
The Association of Mature American Citizens
Congressional Budget Office
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