House Education and Workforce Committee: Obamacare Is a Job Killer
Kathryn Nix /
The effects of Obamacare will reach every niche of the health care system, but they won’t stop there. The new health law will also have widespread negative effects on the economy, especially businesses, which are already facing growing health care costs and incentives to dump coverage altogether. Congressman John Kline (R–MN) put it well when he said, “To suggest this doesn’t undermine job creation is to deny reality.”
At a hearing held last week by the House Committee on Education and the Workforce, lawmakers heard from experts and those affected by the health care law in order to better understand the impact of Obamacare on the economy, employers, and the workforce. The overriding message of the hearing was that several provisions of Obamacare will make it more difficult for employers to create new jobs and expand their businesses. This at a time when the economy is struggling to recover and unemployment is at 9 percent. (more…)