No. of Recommendations: 2
Today the CBO estimated that over the next ten years Obamacare will cut the labor supply by 2.5 million workers -- 2.5 million Americans who are now in the position to tell the boss to "Take this job and shove it." since health care is no longer tied to having a job.

On the contentious issue of the effects of the Affordable Care Act, or Obamacare, the CBO estimated that Obamacare will cut the total number of hours worked by between 1.5 percent to 2 percent from 2017 to 2024.

“Workers will choose to supply less labor,” the report said, both because of new taxes imposed by the law and because of the benefits some people will receive – for example, with the expansion of Medicaid under the Affordable Care Act, millions of non-working people will get health coverage. The effect of the law will mean a decline of about 2.5 million full-time equivalent workers by 2024, the CBO estimated.


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