The CBO Report

  • Aired:  02/06/14
  •  | Views: 101,115

There's only one small problem with Fox News's apocalyptic, CBO report-based predictions. (2:33)

[APPLAUSE]JON: WELCOME TO THE DAILY SHOW,

MY NAME IS JON STEWART. WE HAVE A GOOD ONE TONIGHT.

OUR GUEST TONIGHT, TORONTO STAR REPORTER ROBYN DOOLITTLE, HAS

WRITTEN A BOOK ABOUT -- A GENTLEMAN NAMED ROB FORD,

APPARENTLY HE'S THE MAYOR OF TORONTO AND A CRACK AFICIONADO.

>> A STUNNING REPORT RELEASED BYTHE CONGRESSIONAL BUDGETOFFICE.

>> A POTENTIALLY EXPLOSIVE CONGRESSIONAL REPORT.

>> A REPORT.

>> OH, MY GOD! COULD IT BE TRUE?

HAVE THEY ACTUALLY RELEASED THE BIANNUAL CONGRESSIONAL BUDGET

OFFICE'S OUTLOOK ON THE BUDGET AND ECONOMY ENTITLED THE BUDGET

AND ECONOMIC OUTLOOK 2014 TO 2024, APPENDIX -- SNORING.

LABOR MARKET EFFECT OF THE AFFORDABLE CARE ACT, A JACKREACHER

MYSTERY. I CAN'T BELIEVE I FELL ASLEEP

DURING THAT. I WAS NEARLY A THIRD OF THE WAY

THROUGH THE TITLE. I WONDER WHY THERE'S SO MUCH

EXCITEMENT ABOUT THE CBO REPORT.

>> CBO PROJECTING THE DEBACLE WILL COST NEARLY 2 1/2 MILLION

JOBS.

>> IS OBAMACARE KILLING THE AMERICAN DREAM.

>> AN EXTRA 1 TRILLION DOLLARS ADDED TO THE DEFICIT.

>> 10 TRILLION DOLLARS TO THE DEFICIT.

>> THEY WILL EMPLOY FAR FEWER FULL-TIME PEOPLE, MORE PART-TIME

PEOPLE.

>> IS THIS IS THE AMERICAN WAY? I'M NOT SURE.

>> YOU SEEMED PRETTY SURE THAT IT'S NOT.

THERE'S ONLY ONE SMALL PROBLEM WITH THE APOCALYPTIC PREDICTIONS

FROM THE CBO IN THAT THE REPORT DID NOT IN ANY WAY SAY ANY OF

THOSE THINGS.

>> THE NET EFFECTS OF THE AFFORDABLE CARE ACT IS TO REDUCE

OUR NATIONAL DEFICITS, ISN'T THAT RIGHT?

>> THAT'S RIGHT, CONGRESSMAN. >> YOU POINT OUT THERE'S NO

COMPELLING EVIDENCE THAT PART-TIME EMPLOYMENT HAS

INCREASED AS A RESULT OF THE AFFORDABLE CARE ACT, IS THAT

RIGHT? >> YES, THAT'S RIGHT,

CONGRESSMAN.

>> IN OTHER WORDS, THIS ISN'T EMPLOYERS CUTTING JOBS, NEWLY

EMPOWERED WORKERS CHOOSING TO GOA DIFFERENT PATH.

>> YES.

>> THAT SOUNDS LIKE A GUY WHO ISREADY TO GET [BLEEP] OUT OFTHERE

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