Last updated on: 6/4/2014 | Author:

Douglas Holtz-Eakin, PhD Biography

President of American Action Forum
Con to the question "Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?"

“The Patient Protection and Affordable Care Act (PPAC) will have profound implications for U.S. labor markets. The PPAC is fiscally dangerous, raising the risk of higher labor (and other) taxes at a time when the job market is struggling. It provides strong incentives for employers – with the agreement of their employees – to drop employer-sponsored health insurance for as many as 35 million Americans, perhaps leading to widespread turmoil in labor compensation and employee insurance coverage – and raising the gross taxpayer cost of the subsidies to roughly $1.4 trillion in the first 10 years. Finally, the bill exacerbates the already-high effective marginal tax rates on low-income workers. Every worker forced onto the subsidized exchanges will face higher barriers to upward mobility and the pursuit of the American Dream.”

“Labor Markets and Health Care Reform: New Results,”, May 2010

Involvement and Affiliations:
  • President, American Action Forum
  • President, DHE Consulting, LLC, 2008-present
  • Member, Financial Crisis Inquiry Commission
  • Former Paul A. Volcker Chair in International Economics, Council on Foreign Relations
  • Former Director, Maurice R. Greenberg Center for Geoeconomic Studies, Council on Foreign Relations
  • Senior Fellow, Peterson Institute for International Economics, 2007-Mar. 2008
  • Director of Domestic and Economic Policy for the John McCain 2008 presidential campaign
  • Recipient, Morris and Edna Zele Award for Outstanding Achievement in Policy Research and Public Service, 2006
  • Director, Congressional Budget Office (CBO), 2003-2005
  • Chief Economist for President George W. Bush’s Council of Economic Advisors, 2001-2002
  • Awarded the Thomas C. Wales Foundation Fellowship, 1998
  • Senior Staff Economist for President George H. W. Bush’s Council of Economic Advisors, 1989-1990
  • Former Chairman & Trustee Professor of Economics, Maxwell Center for Policy Research, Syracuse University
  • Former Faculty Research Fellow and Research Associate, National Bureau of Economic Research
  • Former Visiting Fellow at the American Enterprise Institute, Heritage Foundation, and American Family Business Foundation
  • PhD, Economics, Princeton University, 1985
  • BA, Economics, Denison University, 1980
  • Born Douglas James Eakin in Pittsburgh, PA, on Feb. 3, 1958
Quoted in:
  1. Will the health care reform laws decrease the federal deficit?
  2. Will the cost to fund public health programs such as Medicare and Medicaid decrease?
  3. Will Obamacare lower taxes?