Thursday, February 10, 2011

CBO: -800,000 Jobs

In testimony today before the House Budget Committee, Doug Elmendorf, Director of the Congressional Budget Office, testified today that 800,000 jobs will be lost as a result of ObamaCare. This testimony provides further evidence the Healthcare law is a major factor as to why the unemployment rate is frighteningly high, has no end in sight, and also why there are 729 American companies have applied for and acquired waivers to ObamaCare.

Continuing their march, the House of Representatives will vote next week to defund ObamaCare, wisely not waiting for the courts to decide, and instead, taking the proper steps to dismantling this irresponsible and unconstitutional law.

With this new CBO evidence, there is a growing wind at the backs of Republicans who want toss out this legislation and replace it with responsible legislation that will not be at the cost of jobs for Americans. The Republican House is off to a good start, but I hope they continue to keep their eyes on the ball!

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