And when has Obama ever been for "austerity?"

Looking at what the National Republican Senatorial Committee compiled that showed the true failure of Obamacare...especially in the battleground states. Just another failed promise by the Obama Administration.

• North Carolina: 160,161 North Carolinians had selected an ObamaCare plan as of 2/1/14. According to the NC department of insurance, 473,724 residents received insurance cancellation letters thanks to ObamaCare.
• Colorado: 68,454 Coloradans had selected an ObamaCare plan as of 2/1/14. According to the Colorado Division Of insurance, 335,484 residents received insurance cancellation letters thanks to ObamaCare.
• Michigan: 112,013 Michiganders had selected an ObamaCare plan as of 2/1/14. According to the Associated Press, 225,000 residents received insurance cancellation letters thanks to ObamaCare.
• Oregon: 33,808 Oregonians had selected an ObamaCare plan as of 2/1/14. According to the Associated Press, 145,000 residents received insurance cancellation letters thanks to ObamaCare.
• Louisiana: 32,864 Louisianans had selected an ObamaCare plan as of 2/1/14. According to the Louisiana Insurance Commissioner, more than 92,739 residents received insurance cancellation letters thanks to ObamaCare.
• New Hampshire: 16,863 Granite Staters had selected an ObamaCare plan as of 2/1/14. According to reports, more than 22,000 residents received insurance cancellation letters thanks to ObamaCare.

Today, the Congressional Budget Office (CBO) projects that by 2017 Obamacare will cause over 2 million workers to be pushed out of the market. By 2024, over 2.5 million. This is just another instance that shows how badly we need a conservative majority in the Senate to save America from this disastrous law.

CBO noted on p. 117 of the report:

"CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 percent to 2.0 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor-given the new taxes and other incentives they will face and the financial benefits some will receive. Because the largest declines in labor supply will probably occur among lower-wage workers, the reduction in aggregate compensation (wages, salaries, and fringe benefits) and the impact on the overall economy will be proportionally smaller than the reduction in hours worked. Specifically, CBO estimates that the ACA will cause a reduction of roughly 1 percent in aggregate labor compensation over the 2017-2024 period, compared with what it would have been otherwise.

The reduction in CBO's projections of hours worked represents a decline in the number of full-time-equivalent workers of about 2.0 million in 2017, rising to about 2.5 million in 2024. Although CBO projects that total employment (and compensation) will increase over the coming decade,that increase will be smaller than it would have been in the absence of the ACA."

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