explain please.
Explain how RomneyCare screws the federal government or the lies and disinformation post?
RomneyCare is actually bailed out by the federal government and is not self-sufficient. It’s one of the major reasons why ObamaCare is so bad... there’s no one to bail out the federal government.
http://www.cato.org/pubs/policy_report/v30n1/cpr30n1-1.html
As for lies and disinformation. Well, that’s easy. Florida was probably the greatest example of it. Mittens outspent the other candidates by millions, and spent most of it on negative ads falsely accusing Newt, who was leading at that time, of being run out of congress in shame. Around that time, Mittens surrogates in the GOPe were releasing stories about Newt supposedly denouncing Ronald Reagan, which were all false, of course.
Oops, I provided the wrong link which shows the Feds bailing out RomneyCare. Here it is:
“n this study, the Beacon Hill Institute at Suffolk University (BHI) attempts to fill the gap by calculating the effect of health care reform on state and federal governments and the private health insurance markets, including employee contributions to their private insurance plans. We find that, under health care reform:
• State health care expenditures have risen by $414 million over the period;
• Private health insurance costs have risen by $4.311 billion over the period;
• The federal government has spent an additional $2.418 billion on Medicaid for Massachusetts.
• Over this period, Medicare expenditures increased by $1.426 billion;
• For a total cumulative cost of $8.569 billion over the period; and
• The state has been able to shift the majority of the costs to the federal government.
The federal government continues to absorb a significant cost of health care reform through enhanced Medicaid payments and the Medicare program. …We estimate the effects of health care reform by comparing the actual value of each variable with the value it would have had, based on recent trends, had health care reform not been implemented.”