Wednesday, December 23, 2009

Will ObamaCare Bankrupt State Governments?

Human Events reports:
Ohio spends 39 percent of its state budget a year on Medicaid. Massachusetts spends 27 percent. On average, states fork over 20 percent of their annual spending on this joint state-federal program that originally began to assist women and children in poverty and the disabled.

Now Congress is considering the inclusion of a massive expansion of Medicaid in the Obamacare bill, one that will dump about 18 million Americans into a program that, according to a broad consensus, provides substandard medical coverage. Nelson claims he urged Sen. Reid to drop the Medicaid provision, but since that is the foundation for Reid’s bill, he isn’t going to do it. Hence Nelson’s sweetheart deal. Exempting Nebraska won’t kill the bill. Exempting all the states would.