Greg Sargent EXPLAINS:
As noted here yesterday, Republicans went mad with glee at the new Congressional Budget Office report on deficits and the Affordable Care Act, with multiple GOP officials claiming it showed the law will kill over two million jobs. That was false.
Under questioning today before the House Budget Committee from Dem Rep. Chris Van Hollen, CBO director Douglas Elmendorf confirmed that in reality, his report suggests Obamacare will reduce unemployment.
The CBO report found that Obamacare — through subsidizing health coverage – would reduce the amount of hours workers choose to work, to the equivalent of 2.5 ...