Sadly, the Dems don’t consider that a bad thing.
Via CNS News:
There’s no difference between the disincentives to work found in the Affordable Care Act and welfare payments, says the former director of the Congressional Budget Office (CBO).
“It’s exactly the same thing,” Douglas Holtz-Eakin, now president of the American Action Forum (AAF), told CNSNews.com.“Many low income workers will figure out that if they work more, they’ll have to give up their tax credits and some Obamacare subsidies. They’ll add up the benefits and conclude it’s not worth it to work another day or another shift,” the economist said.
Earlier this month, the current CBO director, Douglas Elmendorf, told members of Congress that Obamcare subsidies will make working less attractive for people on the lower end of the income scale “relative to what would have been the case in the absence of that Act.”
“As a result, some people will choose not to work or will work less – thus substituting other activities for work,” a CBO report noted.