Obamacare May Cost Jobs

    A Tea-Party supporter protest outside the US Supreme Court on the third day of oral arguements over the constitutionality of the Patient Protection and Affordable Care Act on March 28, 2012 in Washington, DC. The 26 states challenging the law argue that Affordable Care Act must be completely repealed if the requirement that all Americans buy health insurance -- known as the "individual mandate" -- is found to be unconstitutional.    AFP PHOTO/MLADEN ANTONOV (Photo credit should read MLADEN ANTONOV/AFP/Getty Images)

    Antonov Mladen/AFP/Getty,MLADEN ANTONOV

    While President Obama can celebrate the Congressional Budget Office’s good news that the deficit is shrinking, the report stresses Obamacare’s negative effect on the nation’s unemployment. The Affordable Care Act is expected to result in 2 million fewer full-time workers, at least partially due to employers cutting hours. The CBO also estimates a million fewer Americans than anticipated will receive health insurance coverage due to the difficulties with the rollout.

    Read it at New York Times