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Old 06-08-2010, 09:27 PM
 
Location: Great State of Texas
86,068 posts, read 76,951,429 times
Reputation: 27653

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This is like backwards world..jobs have to be cut and people layed off so that the states can pay out medicaid which, in turn, would put MORE on medicaid.

This is if Congress does not approve and fund $24 billion to give to the states to cover medicaid.

Many states use over 20% of their budgets for medicaid payments.
We truly are running out of other peoples money folks.

Medicaid: States' $24 billion black hole - Jun. 8, 2010

"Governors and state lawmakers are anxiously waiting to see whether Congress will send them another $24 billion to help cover their ever-expanding Medicaid rolls.

Only a few months ago, the money seemed like such a sure thing that about 30 governors included it in their fiscal 2011 budgets, which start on July 1. This assumption spared them from cutting even deeper into social services, education and public payrolls."
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