You’ve probably heard the “job-killing” fears about health care reform. Fact Check says it’s way overblown:
When it comes to truth in labeling, House Republicans are getting off to a poor start with their constantly repeated references to the new health care law as “job-killing.”
Independent, nonpartisan experts project only a “small” or “minimal” impact on jobs, even before taking likely job gains in the health care and insurance industries into account.
The House Republican leadership, in a report issued Jan. 6, badly misrepresents what the Congressional Budget Office has said about the law. In fact, CBO is among those saying the effect “will probably be small.”
The GOP also cites a study projecting a 1.6 million job loss — but fails to mention that the study refers to a hypothetical employer mandate that is not part of the new law.
The same study cited by the GOP also predicts an offsetting gain of 890,000 jobs in hospitals, doctors’ offices and insurance companies — a factor not mentioned by the House leadership.