What the CBO report on Obamacare really found

By Greg Sargent, WashPost,
February 4 at 2:03 pm

Republicans erupted in applause today when the Congressional Budget Office released a new report on projected deficits and on the impact of the Affordable Care Act. They widely claimed the CBO report had found that Obamacare will cause the loss of over two million jobs.

That isn’t what the report found at all. And there’s a very simple way to prove it. But more on that in a moment.

Here is a sample of GOP reactions to the report. Mitch McConnell’s spokesman claimed that CBO had projected “a loss of at least two million jobs.” A spokesman for the NRCC insisted that “because of Obamacare, there will be 2 million less [sic] jobs in the economy.”

A statement from Senator Chuck Grassley claimed that the CBO had found that the law will “cause the loss of 2.5 million jobs.” Former Romney policy adviser Lanhee Chen claimed the CBO had estimated that Obamacare “will result in 2.5 million jobs lost.”

(More here.)