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Shocking: CBO Director Admits Obamacare ‘Creates a Disincentive for People to Work’ (Video)

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Shocking: CBO Director Admits Obamacare 'Creates a Disincentive for People to Work' (Video)

thegatewaypundit.com - During questioning today before a Congressional committee, Congressional Budget Office (CBO) Director Douglas Elmendorf said straight out that Obamacare's incentives scheme discourages work.

"By providing heavily subsidized health insurance to people with very low incomes and withdrawing those subsidies as income rises, the act creates a disincentive for people to work relative to what would have been the case in the absence of that act."

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John Hames
Shocking: CBO Director Admits Obamacare ‘Creates a Disincentive for People to Work’ (Video) Shocking: CBO Director Admits Obamacare ‘Creates a Disincentive for People to Work’ (Video) Reviewed by Diogenes on February 05, 2014 Rating: 5

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