- News Brief
NJ Congressman Asserts Obamacare Will Kill Millions of Jobs
U.S. Rep. Leonard Lance (R-7th) last week continued his criticism of the Affordable Care Act, citing a Congressional Budget Office report as proof that Obamacare’s mandates will lead to the elimination of millions of jobs.
In a press release, Lance stated:
“The non-partisan Congressional Budget Office projects that the President’s healthcare law will slow economic growth over the next decade, costing the Nation about 2.3 million jobs and contributing to a $1 trillion increase in projected deficits. And many Americans will see significantly reduced wages and hours worked because of the so-called Affordable Care Act.
"Republicans and some Democrats have repeatedly warned of Obamacare’s negative effects on the economy and that’s why we have fought vigorously for its repeal and replacement. Washington cannot continue to ignore Obamacare’s empty promises. Americans deserve real solutions that will improve our economy, rein in federal spending and protect the American people from the consequences of Obamacare.”