Today, the Congressional Budget Office (CBO) released a report on the fiscal and economic impact of repealing Obamacare. Among CBO's findings, repeal of the president's health care law would increase economic growth and labor force participation. House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement in response to CBO's analysis:
"Obamacare is a direct threat to the quality, affordability and accessibility of health care in America, as well as a clear impediment to the economic vitality of our nation. According to CBO's analysis, repealing the president's health care law would create a healthier economy. At a time when participation in the labor force is at an alarmingly low rate, getting rid of Obamacare's harmful regulations, mandates and taxes would give job creators and job seekers greater opportunity. We can solve America's health care challenges without harming our economy if we start over with positive, patient-centered solutions that put patients, families and doctors in charge, not Washington, D.C."