Congressman Chris Collins Reacts to CBO Report on ObamaCare’s Devastating Economic Impact

Congressman Chris Collins (NY-27) released the following statement regarding today’s report by the non-partisan Congressional Budget Office that determines ObamaCare will reduce the number of full-time workers by approximately 2.3 million people through 2021.

“This report confirms what I have long believed, that ObamaCare is a flawed law and a drag on our economy.  Americans have already begun to experience the devastating economic impact of ObamaCare. In New York’s 27th Congressional District constituents have shared with me stories of reduced hours and small business owners have told me they are afraid to grow and expand because of the uncertainty ObamaCare brings.

 Already faced with increased premiums and higher deductibles, this report shows that ObamaCare is doing nothing to help our nation’s already struggling middle class. We cannot allow ObamaCare to slow economic growth and cost 2.3 million American jobs, as the Congressional Budget Office report predicts. This report makes it clear that our nation must address ObamaCare, and place a priority on reining in federal spending, so that we can empower our middle class and get Americans back to work.”