On the recordApril 4, 2014
The CBO provides lots of information right now. I hope all Members of Congress will take advantage of the information they provide. We have now heard, for the second time today, that the Affordable Care Act has cost the economy jobs. Well, the CBO looked at that. They studied it. They gave the Congress information just like our colleagues are asking for. They didn't say that it had any negative job impact at all right now. Now, they said, in the outyears, that now that people are able to go into exchanges to afford health care, that people may decide to not go to a job where the job had been the only way to get taxpayer-benefited health care. Under our current system, if you want a tax benefit for your health care, if you want preferential tax treatment on your health care, where do you go? You go to a job. That is where the tax benefit comes from. As a result of the Affordable Care Act, people now can get a tax credit and go into the exchange. So they can decide to launch a business from their home and get health insurance without having been locked into another job which had been the only place where they got tax-benefited health care. So I encourage my colleagues to read the CBO reports that have already been issued on the Affordable Care Act.…
