Posted on 09/28/2009 11:18:37 AM PDT by Starman417
So this is how Obama will move the shells around in his massive shell game.....force the states to pay for it all:
Democrats want to use Medicaid to cover everyone up to at least 133% of the federal poverty level, or about $30,000 for a family of four. Starting in 2014, Mr. Baucus plans to spend $287 billion through 2019or about one-third of ObamaCares total spendingto add some 11 million new people to the Medicaid rolls.About 59 million people are on Medicaid todaywhich means that a decade from now about a quarter of the total population would be on a program originally sold as help for low-income women, children and the disabled. State budgets would explodeby $37 billion, according to the Congressional Budget Officebecause they would no longer be allowed to set eligibility in line with their own decisions about taxes and spending. This is the motherand father and crazy uncleof unfunded mandates.
This burden would arrive on the heels of an unprecedented state fiscal crisis. As of this month, some 48 states had shortfalls in their 2010 budgets totaling $168 billionor 24% of total state budgets. The left-wing Center for Budget and Policy Priorities expects total state deficits in 2011 to rise to $180 billion. And this is counting the $87 billion Medicaid bailout in this years stimulus bill.
While falling revenues are in part to blame, Medicaid is a main culprit, even before caseloads began to surge as joblessness rose. The National Association of State Budget Officers notes that Medicaid spending is on average the second largest component in state budgets at 20.7%exceeded only slightly by K-12 education (20.9%) and blowing out state universities (10.3%), transportation (8.1%) and prisons (3.4%).
Of course Obama's plan has a bribe in place to shut the states up for a bit:
(Excerpt) Read more at floppingaces.net
Scouts Out! Cavalry Ho!
Medicaid? Illegal aliens and ACORN voters.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.