Friday, February 21, 2014

Ex-CBO Chief: Obamacare's Work Disincentive ‘Exactly the Same’ As Welfare’s

Ex-CBO Chief: Obamacare's Work Disincentive ‘Exactly the Same’ As Welfare’s | CNS News:

"There’s no difference between the disincentives to work found in the Affordable Care Act and welfare payments, says the former director of the Congressional Budget Office (CBO).

“It’s exactly the same thing,” Douglas Holtz-Eakin, now president of the American Action Forum (AAF), told CNSNews.com.

 “Many low income workers will figure out that if they work more, they’ll have to give up their tax credits and some Obamacare subsidies.

They’ll add up the benefits and conclude it’s not worth it to work another day or another shift,” the economist said. "

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