The non-partisan Congressional Budget Office reported this week that the Affordable Care Act discourages work among those receiving subsidies to pay their health insurance premiums.

The CBO estimates that the ACA will reduce the number of hours worked by 1.5 to 2 percent from 2017 to 2024. That represents “a decline in the number of full-time-equivalent workers of about 2 million in 2017, rising to about 2.5 million in 2024.”

Conservative politicians are enjoying another problem with Obamacare, while liberals are straining to explain how this is really a good thing. (Seriously, they are.)

The CBO explains it quite simply. “Subsidies decline with rising income (and increase as income falls), thus making work less attractive. As a result, some people will choose not to work or will work for less.”

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