Obamacare's Jobs Bonanza

With health care legislation likely to be passed within the next few weeks, a new study claims that the bill will create hundreds of thousands of jobs a year in addition to helping the uninsured find care. Economists from Harvard and USC say that their research indicates that health care reform would reduce health care costs in the long run enough to allow employers to hire more workers. They anticipate that some 250,000 to 400,000 jobs a year would be created in the next decade thanks to the savings. The report has plenty of skeptics however, with the conservative Heritage Foundation predicting 450,000 jobs lost over the next decade if the bill passes as a result of new taxes on wealthy Americans.