WASHINGTON – Congresswoman Renee Ellmers (R-NC-02) released the following statement this afternoon following the Congressional Budget Office's report on Obamacare's impact on the economy:

"President Obama deceived the American people. He said that his signature health law would lower costs, help the economy, and allow people to keep their doctors and health plans. All of this was a ruse and each month, we receive more and more evidence that it is killing jobs and harming our already damaged economy. Today's report by the CBO should cause all Americans to take a sobering look at Obamacare and what it means for their future, their families and their careers. 2.3 million Americans are expected to work less or leave the workforce altogether because of the ridiculous mandates we are all expected to bear. It's time to call a spade a spade and repeal this terrible law before it does further damage to the American people."

The Congressional Budget Office (CBO) announced this morning that they project at least 2 million Americans to work fewer hours or leave the workforce entirely due to Obamacare. The Washington Post reported on the announcement this afternoon:

The Affordable Care Act will reduce the number of full-time workers by more than 2 million in coming years, congressional budget analysts said Tuesday, a finding that sent the White House scrambling to defend a law that has bedeviled President Obama for years.

After obtaining coverage through the health law, some workers may forgo employment, while others may reduce hours, according to a report by the Congressional Budget Office. Low-wage workers are the most likely to drop out of the workforce as a result of the law, it said. The CBO said the law’s impact on jobs mostly would be felt after 2016.

On Tuesday, the agency released a more detailed estimate that includes how ordinary Americans would react to those changes by employers. Some would choose to keep Medicaid rather than take a job at reduced wages. Others, who typically do not work full-time, would delay returning to work in order to keep subsidies for private insurance that are provided under the law.

As a result, by 2021, the number of full-time positions would be reduced by 2.3 million, the report said.