CBO nearly triples estimate of working hours lost by 2021 due to Affordable Care Act

No compelling evidence Obamacare increased part-time work: CBO

Tuesday, 4 Feb 2014 | 11:00 AM ET

A historically high number of people will be locked out of the workforce by 2021, according to a report by the Congressional Budget Office released Tuesday.

President Barack Obama’s signature health-care law will contribute to this phenomenon, the CBO said, citing new estimates that the Affordable Care Act will cause a larger-than-expected reduction in working hours—eliminating the equivalent of about 2.3 million More >