Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Chicago Faces $67 Million Shortfall After Obamacare’s Medicaid Expansion Busts Budget
The Daily Caller ^ | 7/14/2014 | Sarah Hurtubise

Posted on 07/16/2014 7:31:51 AM PDT by Politico2isBack

Edited on 07/16/2014 7:32:31 AM PDT by Sidebar Moderator. [history]

Chicago’s public health system is facing a massive $67 million shortfall after an early adoption of Obamacare’s Medicaid expansion cost much more than expected, Crain’s Chicago Business reports.

Cook County, which encompasses Chicago and its surrounding suburbs, made a deal with the Obama administration to get an early start on the health care law’s Medicaid expansion in 2012.


(Excerpt) Read more at dailycaller.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 0carenightmare; chicago; cook; medicaidexpansion; obamacare
Navigation: use the links below to view more comments.
first 1-2021-34 next last
Link to Crain's Business story: http://www.chicagobusiness.com/article/20140712/ISSUE01/307129980/new-cook-county-health-ceo-must-find-millions-in-savings-stat
1 posted on 07/16/2014 7:31:51 AM PDT by Politico2isBack
[ Post Reply | Private Reply | View Replies]

To: Politico2isBack

Unexpected.


2 posted on 07/16/2014 7:33:19 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Politico2isBack

tough toenails, people tried to warn ‘em


3 posted on 07/16/2014 7:33:56 AM PDT by yldstrk ( My heroes have always been cowboys)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Politico2isBack

What will Rahm Emmanuel do????

I’ve heard that Chicago has some bizarre financial policies.

For example, they leased out city parking meters to a private firm, for a 75 year lease. The city was advanced expected revenues from the parking meters up front, while the company collects parking meter money for the next 75 years.

I also heard that Chicago spent the 75 year lump sum of parking revenue in 3 years. So they clearly need help with money management.


4 posted on 07/16/2014 7:34:57 AM PDT by Dilbert San Diego (s)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Politico2isBack

Weren’t two prominent Chicagoans named Ezekiel involved in producing Obamacare? I can’t even work up the sympathy to break out my tiny violin.


5 posted on 07/16/2014 7:36:54 AM PDT by Paine in the Neck (Socialism consumes EVERYTHING)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Politico2isBack

We tried to convey those concerns to others in this country, but were met with charges of “racism.”

So, bite it, Chicago. Couldn’t happen to a better place.


6 posted on 07/16/2014 7:37:23 AM PDT by ScottinVA (If it doesn't include border security, it isn't "reform." It's called "amnesty.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Dilbert San Diego
I also heard that Chicago spent the 75 year lump sum of parking revenue in 3 years

Sounds like Hillary and Bill Clinton burning through their book advances in record time.

7 posted on 07/16/2014 7:38:48 AM PDT by ScottinVA (If it doesn't include border security, it isn't "reform." It's called "amnesty.")
[ Post Reply | Private Reply | To 4 | View Replies]

To: Dilbert San Diego

Poetic justice gets visited upon Chicago for giving us the “community organizer”.

Cloward-Piven unleashed upon the very venue which nourished it so well over the years, as long as it was somebody else paying the bills.


8 posted on 07/16/2014 7:40:18 AM PDT by alloysteel (Most people become who they promised they would never be.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Politico2isBack

Unfortunately, down state tax payers will end up covering Chicago’s short fall.


9 posted on 07/16/2014 7:40:42 AM PDT by Proangel (ASA Vet)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Dilbert San Diego
What will Rahm Emmanuel do????

As he always does... not letting a crisis "go to waste." Though it's now a crisis on HIS watch.

10 posted on 07/16/2014 7:40:43 AM PDT by ScottinVA (If it doesn't include border security, it isn't "reform." It's called "amnesty.")
[ Post Reply | Private Reply | To 4 | View Replies]

To: Paine in the Neck
Weren’t two prominent Chicagoans named Ezekiel involved in producing Obamacare?

Emmanuel, not Ezekiel, of course.

11 posted on 07/16/2014 7:41:10 AM PDT by Paine in the Neck (Socialism consumes EVERYTHING)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Politico2isBack
Cook County, which encompasses Chicago and its surrounding suburbs, made a deal with the Obama administration

What idiot would make any "deal" with the Obama administration?

12 posted on 07/16/2014 7:42:46 AM PDT by Cementjungle
[ Post Reply | Private Reply | To 1 | View Replies]

To: Politico2isBack

Guns kill and injure a very large number people in Chicago. They could send the injured to VA hospitals. This would save many millions of dollars.


13 posted on 07/16/2014 7:42:55 AM PDT by umgud (I couldn't understand why the ball kept getting bigger......... then it hit me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Dilbert San Diego

Yeah, I don’t doubt that they are doing that all over the place...

selling long term income sources for lump sums that get spent immediately is a scheme that many poor planners, and thieves, do all the time.


14 posted on 07/16/2014 7:45:09 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
[ Post Reply | Private Reply | To 4 | View Replies]

To: umgud

Slight correction - they could put the injured on the VA waiting lists instead of sending them to the hospitals directly.


15 posted on 07/16/2014 7:45:53 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
[ Post Reply | Private Reply | To 13 | View Replies]

To: ScottinVA

Maybe Rahm can raise taxes in Chicago, and drive more of the remaining middle class and businesses out of the city???

Which would of course make his problems in the out years even worse. But, I’m sure he focused on putting a lid on this sort of financial problem until after he’s re-elected. Election is in early 2015, I believe??

This may sound odd, to raise taxes, etc. when running for re-election. But based on the voters of Chicago, many of whom don’t work or own businesses or own property, they may not care that taxes were raised. He may get re-elected even if he sticks it to the middle class homeowners and the business community.


16 posted on 07/16/2014 7:46:50 AM PDT by Dilbert San Diego (s)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Politico2isBack

No worries. The State can just redistribute some more.


17 posted on 07/16/2014 7:46:53 AM PDT by LALALAW (one of the asses who's sick of our "ruling" classes)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paine in the Neck

Ezekiel Emmanuel is Rahm Emmanuel’s brother. Ezekiel was involved with Obamacare. I think Ezekiel was a high level adviser to Obama and Democrats on Obamacare.


18 posted on 07/16/2014 7:48:13 AM PDT by Dilbert San Diego (s)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Dilbert San Diego

What about his other brother, Leviticus?


19 posted on 07/16/2014 7:49:24 AM PDT by dfwgator
[ Post Reply | Private Reply | To 18 | View Replies]

To: dfwgator

I thought his name was Melchizedek?


20 posted on 07/16/2014 7:51:04 AM PDT by mothball
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-34 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson