Republicans thought they found a gold mine when the Congressional Budget Office released its latest report Tuesday on the federal budget and Obamacare. They seized on one line in particular:
The reduction in CBO’s projections of hours worked represents a decline in the number of full-time-equivalent workers of about 2.0 million in 2017, rising to about 2.5 million in 2024
They had a new talking point: President Obama's hated health care reform law would cost more than 2 million American jobs.
"Obamacare To Print Even More Pink Slips," read the subject of the Senate Republican conference email blasted out after the report's release.
"Obamacare will cost our nation about 2.5 million jobs," tweeted Sen. Lindsey Graham (R-SC):
“For years, Republicans have said that the president’s health care law creates uncertainty for small businesses, hurts take-home pay, and makes it harder to invest in new workers," Speaker John Boehner (R-OH) said in a statement. "The middle class is getting squeezed in this economy, and this CBO report confirms that ObamaCare is making it worse."
The New York Times summed it up by claiming that the CBO report is "providing Republican opponents of the law a powerful political weapon leading up to this year’s midterm elections."
But is that what the CBO actually said or meant? No.
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