Monday, September 28, 2009

10th Amendment Stimulus: ObamaCare

The rumble about the 10th Amendment is well-founded.

One reason [the Baucus plan] allegedly "pays for itself" over 10 years is because it would break all 50 state budgets by permanently expanding Medicaid, the joint state-federal program for the poor. ...State budgets would explode—by $37 billion, according to the Congressional Budget Office—because they would no longer be allowed to set eligibility in line with their own decisions about taxes and spending.

...Mr. Baucus hopes to use his printing press to bribe the governors, at least for a time. Currently, the federal government pays about 57 cents out of every dollar the states spend on Medicaid, though the "matching rate" ranges as high as 76% in some states. That would rise to 95%—but only for five years.

Sorta like Clinton's "free cops" program.

Medicaid is the worst-possible 'health insurance;' it is typically under-funded by the States, therefore the "balanced budget" is achieved by underpaying providers. We've seen that in Wisconsin BadgerCare with the dentist problem.

You'll see more with ObamaCare.

HT: FoxPolitics

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