COMMITTEE on WAYS and MEANS

Chairman Dave Camp

Print this Page The Prescription Pad

Fact Check: ObamaCare Cuts Jobs, Wages, Hours - Not So “Wonderful”

f t # e
Washington, Jul 16, 2013 | comments

Myth:

“[T]he suggestion that the ACA is reducing full time employment is belied by the facts.”  White House Press Secretary Jay Carney, July 16, 2013

"Obamacare has been wonderful for America." Majority Leader
Harry Reid (D-NV), July 14, 2013

Fact:

Today, the U.S. Chamber of Commerce Q2 Small Business survey reinforced how out of touch this Administration is with reality.  The survey results found that:
  • Among small businesses that will be impacted by the employer mandate, one-half of small businesses say that they will either cut hours to reduce full time employees OR replace full time employees with part-timers to avoid the mandate. Twenty-four (24) percent say they will reduce hiring to stay under 50 employees.
  • Seventy-one (71) percent of small businesses say the health care law makes it harder to hire.
  • Only 30 percent say they are prepared for the requirements of the law, including participation in the marketplaces, and one-quarter say they are unaware of what is required.
Fewer hours, reduced hiring and shifting employees from part-time to full-time – not so wonderful for the almost 12 million Americans still struggling to find work in the Obama economy.  Tomorrow, the House will vote to delay both the employer and individual mandates to give families, individuals and businesses relief from the crushing burdens of this law.

###




f t # e