A bombshell report released by the non-partisan CBO indicates that Obamacare will kill roughly 2 million jobs by the year 2017.

Some of those job losses will come at the hands of businesses having to cut back to comply with the ACA regulations.  But a good portion will be due to an already struggling economy becoming even more stagnant due to Obamacare, forcing millions to vacate the work force altogether.

Via the Washington Post (h/t NRCC):

The Affordable Care Act will also reduce the number of fulltime workers by more than 2 million in coming years, congressional budget analysts said in the most detailed analysis of the law’s impact on jobs. 

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The CBO said the law’s impact on jobs would be mostly felt starting after 2016. The agency previously estimated that the economy would have 800,000 fewer jobs as a result of the law.

The impact is likely to be most felt, the CBO said, among low-wage workers. The agency said that most of the effect would come from Americans deciding not to seek work as a result of the ACA’s impact on the economy. Some workers may forgo employment, while others may reduce hours, for a equivalent of at least 2 million fulltime workers dropping out of the labor force.

The report indicates that the economic hardships brought on by Obamacare will be most burdensome for low-wage workers.

This is the first time the CBO has admitted this at this grand a scale.

They also point out that the botched ObamaCare rollout has caused them to revise downward their estimated number of enrolled this year by nearly 2 million.

How is the left going to spin this one?