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Kline, Roe Respond to CBO Report on Budget and Economic Outlook

House Education and the Workforce Committee Chairman John Kline (R-MN) and Subcommittee on Health, Employment, Labor, and Pensions Chairman Phil Roe (R-TN) released the following statements after a new Congressional Budget Office (CBO) report revealed the president’s health care law could lead to a loss of 2.5 million full-time jobs by 2024:

“Last year Secretary Sebelius dismissed concerns about job losses under ObamaCare as ‘speculation,’” said Chairman Kline. “Today’s report by the nonpartisan Congressional Budget Office is further evidence the president’s health care law is destroying full-time jobs. This fatally-flawed health care scheme is wreaking havoc on working families nationwide, forcing premium increases, policy cancellations, and job losses. President Obama has a responsibility to stop this train wreck before it inflicts more harm on the American people.”

"Today's CBO report only underscores the serious problems Obamacare will cause for this country," said Rep. Roe. "Despite the administration’s rhetoric, the number of Americans estimated who will gain health coverage under this law continues to fall. Since this law was passed, we have been hearing from employers that this law was going to result in layoffs and now we have independent verification that this will be the case.  We should reward and encourage hard work in this country, not create a climate that causes the workforce participation rate to plummet. This is absolutely unacceptable and the American people deserve better."


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