Senators Discuss Employment After Affordable Care Act - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Senators Discuss Employment After Affordable Care Act

Posted: Updated:

The Congressional Budget office says millions of Americans will quit their jobs because of the Affordable Care Act.

A new report says the number of full time workers will decline by two million in the next three years because of the expansion of eligibility for Medicaid, the penalties on employers that decline to offer insurance and the new taxes imposed on labor income.

"It was supposed to create jobs, it's losing jobs, it was supposed to enhance excess to jobs, instead people have been losing their insurance. It was supposed to drive down the cost, instead premiums have been escalating and at every turn it's hurt people, its hurt business its hurt jobs and it's time to replace it with something better," says Kevin Cramer.

Senator Heidi Heitkamp says the majority of the workers mentioned in the report are expected to leave voluntarily because they can retire at an earlier age or choose to stay at home with their children because they can afford health care coverage. 

Or they could decide to start a small business because they don't need coverage that comes from working for a large employer.

Most Popular

Stories
Videos
loading...
  • TOOLBOX

  • Special Feature HomeSpecial FeaturesMore>>

  • Presidential Visit

    Presidential Visit

    Ongoing coverage of President Obama's visit to North Dakota.
    Ongoing coverage of President Obama's visit to North Dakota.
  • Ask An Attorney

    Ask An Attorney

    CLICK HERE TO GO TO THE ASK AN ATTORNEY PAGE!
    CLICK HERE TO GO TO THE ASK AN ATTORNEY PAGE!
  • Mobile Apps

    Mobile Apps

    We have the best Mobile Apps.  Learn how you can download yours today.
  • Me-TV North Dakota

    Me-TV North Dakota

    NBC North Dakota News has launched a new channel -- Me-TV North Dakota!  If you love the classics, Me-TV North Dakota has them.
    NBC North Dakota News has launched a new channel -- Me-TV North Dakota!  If you love the classics, Me-TV North Dakota has them.  Me-TV North Dakota will also play a replay on the Evening and Night Report at 11:30pm Monday-Friday.  As well as, local news and weather updates throughout the day.
  • On the Farm

    On the Farm

    CLICK HERE TO GO TO THE ON THE FARM PAGE!
    CLICK HERE TO GO TO THE ON THE FARM PAGE!
Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KFYR. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.