(CNSNews.com) – When asked for her reaction to the director of the Congressional Budget Office (CBO) saying the health care law will result in the loss of 800,000 jobs over the next decade, House Minority Leader Nancy Pelosi said “the biggest growth in jobs in our economy” this year has been in health care.
“Four million jobs will be created by the legislation when it is fully in effect,” Pelosi said at the Thursday press conference celebrating the first anniversary of the health care law.
CNSNews.com asked Pelosi, “You said the health care law will create four million jobs but the CBO director, Doug Elmendorf, told the House Budget Committee the health care law will kill 800,000 jobs – result in the reduction of 800,000 jobs in the workforce over the next decade. Is the CBO right or wrong in its estimate?”
Pelosi responded, “I don’t know the reference that you are making but I do know that right now, this year, the biggest growth in jobs in our economy has been in health care jobs. We’re talking about with this being a catalyst bill, the jobs in health IT, in biomedical research and health care providers at every level at every step of the way. We’re very, very confident about those numbers.”
According to the Bureau of Labor Statistics “Employment Situation Summary” for February 2011, health care employment “continued to increase in February (+34,000).” Over the entire last year, health care had
“added 260,000 jobs, or an average of 22,000 jobs per month.”
Source material can be found at this site.