All state revenues combined $2.1bil, “projected” single payer state raise and appropriate $2.2bil. This is a state with the highest tax “burden” in the country ( ratio of income to taxation). Bear in mind Vermont is mandated by state constitution to have a balanced budget and Shulin has been running a $125mil deficit since he was elected thanks to Howard Deans school socialized school funding scheme ( and general incompetence).
The proposed $2.2bil raise and appropriate projection is for a state health plan where a family of 4’s out of pocket is $12,000 out of pocket (copay and deductible). Median income of around $35,500.
This is all before the influx of welfare tramps from surrounding states begin flowing in as there is no administrative infrastructure to track or deal with them.
Fiscal disaster does not begin to describe what is going on here. ( see tag line )
Sorry, Shumlin