72°

Topics

Christopher Van Hollen Jr.
Affordable Care Act will prompt some to work less, report says
Affordable Care Act will prompt some to work less, report says

WASHINGTON — President Obama's healthcare law will reduce the ranks of the uninsured by about 13 million this year and 25 million once it is fully phased in, but will prompt some people to work less because of the availability of insurance subsidies, the Congressional Budget Office said Tuesday. The latest projections by the nonpartisan budget analysts inspired new talking points for both sides in the deeply polarized debate over the Affordable Care Act, popularly known as Obamacare. Republicans seized on the projected reduction in work hours — about a 1.5% to 2% decline, or the equivalent of 2 million full-time jobs — to boost their claim that the law will harm...

Loading