White House refutes CBO finding that Obamacare to reduce jobs

by Reuters
Tuesday, 4 February 2014 17:54 GMT

WASHINGTON, Feb 4 (Reuters) - The White House on Tuesday refuted arguments that Obamacare reforms will hurt jobs, and said a new report from the Congressional Budget Office finds the reforms will spur hiring during the 2014-2016 period.

"Claims that the Affordable Care Act hurts jobs are simply belied by the facts in the CBO report," the White House said in a statement about the report, contradicting assessments that said the CBO showed reforms will result in a cut to hours.