CBO: Obamacare Will Kill 800,000 Jobs Over Decade
Monday, February 14, 2011
By Dan Joseph

CBO Director Douglas Elmendorf

CBO Director Douglas Elmendorf (AP photo)

(CNSNews.com) – On the same day that House Democratic Leader Nancy Pelosi (D-Calif.) was chiding House Republicans over job creation, the director of the Congressional Budget Office was testifying in the House Budget Committee that the health-care law President Barack Obama signed last year will kill about 800,000 American jobs over the next decade.

CBO Director Douglas Elmendorf was responding to a question from Rep. John Campbell (R-Calif.) regarding an August report from the CBO.

“We do estimate, as you said, that the household employment will be about 160 million by the end of the decade and half a percent of that is 800,000,â€