Modest Drop In Full-time Work Seen From Health Law
WASHINGTON (AP) — The new health care law is going to cause several million people to reduce their hours on the job, or to leave the workforce entirely.
That's the prediction of the Congressional Budget Office, which says it will be the result of incentives that were built into the law.
The agency says it will translate into job losses equal to 2.3 million full-time jobs within seven years -- in large part because people would try to keep their income low to stay eligible for federal health care subsidies or Medicaid.
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