Posted on 11/26/2012 4:03:11 PM PST by TurboZamboni
WASHINGTON—States will receive more than $9 in federal money for every $1 they spend to cover low-income residents under President Barack Obama's health care law, according to a nonpartisan analysis released Monday. Expanding Medicaid to cover about 20 million more low-income people will cost over $1 trillion nationally from 2013 to 2022, said the joint report from the Kaiser Family Foundation and the Urban Institute. But the analysis found that states will pay just $76 billion of that, a combined share of roughly 7 percent. The feds will pay the other $952 billion.
Republican governors have resisted the Medicaid expansion, saying it adds an unacceptable burden to already strained budgets. And the Supreme Court handed the governors a victory this summer, ruling that states are free to reject the Medicaid deal.
Medicaid is one of the two main ways that Obama's law expands coverage to most of the 50 million uninsured U.S. residents. As a broader Medicaid safety net picks up more low-income people, new health insurance markets called exchanges will offer subsidized private coverage to the middle class. Both parts of the strategy take effect in 2014, at the same time that most Americans will be required to carry health insurance or pay a fine.
(Excerpt) Read more at twincities.com ...
http://townhall.com/columnists/kenblackwell/2012/07/27/blueprint_for_states_to_reject_and_replace_obamacare
To date, the Department of Health and Human Services (HHS) has approved 1,372 Obamacare waivers, covering 3.1 million Americans. Yesterday, The Daily Caller reported that among HHS's most recent round of 204 Obamacare waivers, "38 are for fancy eateries, hip nightclubs and decadent hotels in House Minority Leader Nancy Pelosi’s Northern California district." That's right: Nearly 20 percent of exemptions from Pelosi's crowning health care achievement were doled out in her backyard.
http://links.heritage.org/hostedemail/email.htm?h=ff81f01c50d8d90e36feaea0010cfe14&CID=8804354794&ch=A7A0AD8CB6177CC756167A9732BCCCD5
We’re supposed to be fooled by this “federal dollars” vs “state dollars” when it all comes from the same place.... us!!
Just what we need - Washington giving the States an incentive to keep their citizens poor.
Uhm...this is stupid. Just who do you think will have to pay off the federal debt that will accrue from this welfare program? It must be the Geico dollar bill covered motorcycle rider I suppose.
That guy is actually Ben Bernanke.
LOL. Soooo...where does the federal government get the money from, Kaiser? Are they just going to tax the HELL out of the people who live in the District of Columbia?
What kind of stupid ass "journalist" moron would repeat this crap without some kind of analysis that shows, truthfully, that the STATES have populations of PEOPLE who PROVIDE all the money the federal government 'distributes'?!
I am amazed at how utterly intellectually retarded the so-called "watchdogs" of the media have become.
What's this “Federal Money” crap? The government doesn't have a penny, it's taxpayer's money.
that’s why they’re AP (All Propaganda)
BTTT
And, per Pelosi, those 9 dollars will leverage out to provide a booming economy by putting more than 25 dollars into the mix...
Try a hit of this. One time won’t get you hooked. Trust me.
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