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CBO says that Obamacare will reduce employment by 800,000 workers

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The CBO director was being questioned by Republican Congressman John Campbell when he let something interesting come out about Obamacare.

Here’s the video:

And the transcript: (H/T The Weekly Standard)

Chairman [Paul] Ryan: “[I]t’s been argued…that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?”

Director [Douglas] Elmendorf : “Yes.”…

[…]

Rep. [John] Campbell: Thank you, Mr. Chairman, we’ll — and Dr. Elmendorf — and we’ll continue this conversation right now. First on health care, before I get to — before I get to broader issues, you just mentioned that you believe — or that in your estimate, that the health care law would reduce the labor used in the economy by about 1/2 of 1 percent, given that, I believe you say, there’s 160 million full-time people working in ’20-’21.  That means that, in your estimation, the health care law would reduce employment by 800,000 in ’20-’21. Is that correct?

Director Elmendorf: Yes. The way I would put it is that we do estimate, as you said, that…employment will be about 160 million by the end of the decade.  Half a percent of that is 800,000.

I noticed that the Blog Prof found of video of Nancy Pelosi promising that Obamacare would CREATE 400,000 jobs. Ooops.

I am sure that some of the 800,000 people who will be losing their jobs because of Obama’s socialist health care plan voted for Obama in 2008. What were those people thinking?

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Barack Obama offers to cut 775 million from 3,800,000 million budget

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Last Republican budget was in 2007
Last Republican budget was in 2007

From The Hill.

Excerpt:

President Obama’s budget director Jack Lew in a Sunday opinion piece outlined some off the “tough choices” Obama is willing to make to cut spending in his 2012 budget request due out on Feb. 14.

The piece details cuts that affect initiatives dear to the president: programs to help the poor and to clean up the Great Lakes near the president’s home state of Illinois.

The cuts are relatively small, however, in the larger scheme of things. In total, the $775 million in detailed cuts fall far short of demands by congressional Republicans and will do little toward tackling the deficit, which is estimated to be $1.5 trillion this year by the Congressional Budget Office. The cuts are in addition to a five-year spending freeze which the administration says will save $400 billion over the next decade.

[…][Lew] said “this cut is not easy for” Obama.

The 2012 deficit is projected to be 1,500,000 million. TWELVE TIMES what the last Republican budget was back in 2007, when unemployment was at 4.3%. Government spending means taking money away from productive workers and from the businesses that hire those productive workers.

To see a graphical representation of the cuts as a portion of the entire budget, click here. The cuts cannot be seen with the naked eye, so the there are several images in that post, each one more zoomed in than the last.

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Ohio Republican proposes ban on abortions after baby has a heartbeat

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Unborn baby scheming about moving to Ohio
Unborn baby scheming about moving to Ohio

From Fox News.

Excerpt:

An unborn child’s heartbeat can be detected as soon as 18 days after conception, and supporters of a bill slated to be unveiled in the Ohio Legislature Wednesday say that women should be prohibited from ending pregnancies beyond that milestone.

State Rep. Lynn Wachtmann is planning to unveil the “Heartbeat Bill” and a legislative aide for the Republican tells Fox News that 42 of the 99 representatives in the Ohio state House have signed on to the bill, which would make an exception to the heartbeat rule only in emergency medical situations.

According to 2009 data from the Ohio Department of Health, 56.6 percent of abortions in that state occur in the first nine weeks of pregnancy. And since the fetal heartbeat appears on monitors by six weeks into gestation in most cases, supporters of the bill believe that it could prevent thousands of abortions.

“When the Heartbeat Bill passes, it will be the most protective law in the nation,” Janet Folger Porter, president of conservative advocacy group Faith2Action, said in a release. Porter helped craft the bill, and was also instrumental in passing the nation’s first ban in partial-birth abortion when she was legislative director of Ohio Right to Life.

[…]And though Porter and former Ohio Right to Life president Linda Theis vocally support the Heartbeat Bill, the pro-life organization’s current executive director says the legislation is destined for failure.

“Unfortunately, the Heartbeat Bill will not survive a court challenge, and therefore not save one life,” Ohio Right to Life executive director Michael Gonidakis told Fox News, arguing that state courts and the Supreme Court would slap down the heartbeat cut-off in the same way they would reject a full abortion ban. “Because the Supreme Court, unfortunately, has ruled on countless occasions that any restrictions on abortion pre-viability are unconstitutional,” he says.

And in Georgia, another Republican is proposing a bill to ban all abortions once the unborn baby can feel pain. Can you imagine causing pain to a helpless little baby? That would be horrible – but that is exactly what abortion does. So, I hope both of these pro-life bills pass.

I also must note that poets will play no part in these initiatives to restrict abortion. These pro-life legislative efforts will be fought by lawyers and judges who have advanced legal training – training that takes effort and money to achieve. And their case will be grounded in science, not in poetry. The pro-abortion side is grounded in poetry, feelings and sad stories about poor, poor women who are not responsible for their own choices. The pro-life side is grounded in reason and evidence. And the more reason and evidence the pro-life side can muster, the stronger their case will be in the only place where it really matters – the legislatures and the courts.