Another Slo-Mo Train Wreck

Obamacare is the disaster that keeps on giving. Investors' Business Daily reports the newest bad news:

The Congressional Budget Office now says ObamaCare will push 10 million off employer-based coverage, a tenfold increase from its initial projection.

ObamaCare will be far more disruptive to the employer-based insurance market, while being far less effective at cutting the ranks of the uninsured, than promised.

The CBO promised that ObamaCare would cover 60% of the uninsured. Now it says the program will cover less than half, despite spending $2 trillion to subsidize premiums and expand Medicaid.

Hat tip to Lucianne.com for the link.