Graves: CBO Report Confirms Obamacare’s Economic Toll

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Washington, Feb 4 | comments

Small Business Committee Chairman Sam Graves (R-MO) today released the following statement in response to a report by the nonpartisan Congressional Budget Office detailing the economic costs of the health care law:

“The nonpartisan Congressional Budget Office has confirmed that the President’s health care law is costing jobs, adding to the national debt, slowing the economy and even bringing down wages for Americans. The problems and frustrations around an unreliable, unsecure website and an unprepared bureaucracy are just the tip of the Obamacare iceberg. The threat to the economy runs much deeper and the consequences for jobs are much graver. The nation’s economic recovery has a long way to go and this law is a heavy burden on small businesses that offer our best hope for more growth and jobs. The closer we get to full implementation of the law, the more clear the peril of Obamacare is to our nation’s job creators.”  

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Tags: Health