I appreciate that money is fungible, but that money is not guaranteed.
And FL cannot print it.
But I’m not just calling BS on FL.
Every state in the union is pulling the same budgetary smoke and mirrors.
There is nothing conservative about raiding your reserve funds, your trust funds, relying on federal taxpayers to balance your bleeping budget.
The federal share of the Medicaid program isnât ârelying on federal taxpayersâ, itâs actually a federal program that relies on state taxpayers âto balanceâ its budget.
And I donât think you understand the nature of state trust funds. e.g. The state of Florida has a trust fund for newborn screening. Newborn screening blood tests are billed to insurance, the insurance payment fills the trust fund. The trust fund is tapped annually for the newborn blood screening follow up program. Itâs literally the funding mechanism, nothing is being âraidedâ. It has a surplus that exceeds the annual funding needs of the following up program.