There's no 'job-killing health-care law'

Ezra Klein explains why There's no 'job-killing health-care law' "The GOP lifted the claim from this Congressional Budget Office report (pdf) -- but the report never says the bill will kill jobs. What it says, rather, is that the law will slightly reduce labor. It's not that employers will fire workers. It's that potential workers -- particularly older ones -- will retire somewhat earlier. 'The expansion of Medicaid and the availability of subsidies through the exchanges will effectively increase beneficiaries’ financial resources. Those additional resources will encourage some people to work fewer hours or to withdraw from the labor market.'"

"Another way the bill will reduce labor supply, according to the Congressional Budget Office, is through "provisions that prohibit insurers from denying coverage to people because of preexisting conditions and that restrict how much prices can vary with an individual’s age or health status, will increase the appeal of health insurance plans offered outside the workplace for older workers. As a result, some older workers will choose to retire earlier than they otherwise would.""