Obamacare will be a job killer for years to come: CBO

February 23rd, 2016, by 

(BigGovernment.news) The Affordable Care Act is the nightmare that will keep repeating itself over and over again long after the president responsible for it is out of office.

A recent report [PDF] from the Congressional Budget Office estimated that some 2 million workers may opt out of the workforce over the next decade because of Obamacare – and at a time when an aging U.S. population is likely to create a shortage of domestic workers.

The report estimated that the U.S. workforce is projected to contract by just under 1 percent by the year 2025, the equivalent of 2 million full-time employees, because of the onerous, expensive regulations and requirements mandated by the law, as well as incentives for workers.

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