Posted on 04/04/2016 6:06:17 AM PDT by Kaslin
We knew this was coming. In fact, anyone who has ever crunched the numbers for Medicaid expansion knows that the government health care program is a budget buster. The Foundation for Government Accountability has noted that on average, a state legislature needs to find two to three dollars in cuts in their receptive budgets just to save one dollar in Medicaid spending.
In Virginia, about a quarter of doctors aren’t accepting new Medicaid recipients. In fact, a 2011 University of Virginia Study showed that those without insurance actually fared better than those enrolled in this government program. But, alas, those who support hitching onto this public policy bandwagon, which is a key component of Obamacare, is due to the misconception that it helps the poor–and that it’s free money. Well, there is no such thing as free money, and most of the new people who are eligible for Medicaid benefits are able-bodied, childless adults who don’t work. Yet, back to Ohio, it’s Medicaid expansion has already run over budget, as Jason Hart of Watchdog wrote last month:
Ohio Gov. John Kasich’s expansion of Medicaid under the 2010 federal health law has cost taxpayers $7 billion in a little more than two years.
The federal government — which is $19 trillion in debt — paid $390 million for Ohio Medicaid expansion benefits in February, bringing the program’s total cost since January 2014 to $7.1 billion.
Kasich frames his Obamacare expansion as a fiscally responsible way to keep drug addicts and the mentally ill out of prison, even as costs zoom past his projections. The expansion was $1.5 billion over budget after 18 months.
“Ohio’s Obamacare expansion has already run $3.1 billion over budget and is on track to run nearly $8 billion over budget by the end of next year,” Jonathan Ingram, research director at the free-market Foundation for Government Accountability, told Watchdog.org.
“Finding the funding to pay for those overruns will mean fewer resources for education, public safety, and care for the most vulnerable,” Ingram said.
[...]
Kasich’s Obamacare expansion cost an average of $391 million per month — more than $1.5 billion per quarter — during the past six months. At this rate, expansion will cost $14.1 billion by August 2017 and $27.5 billion by June 2020.
He knew this. He knew his (discarded) conservative principles are counter to it. But he did it anyway so he could position himself as the liberal Republican and say things like how much better a Christian he is than his critics.
FUJK.
They ought to put handcuffs on John Kasich, Ted Cruz, Hillaryous Rotten Criminal, Bernie the Socialist, the current gang of 535 and the former gangs of 535 of CONgre$$.
April 3, 2016 - $19,231,240,317,806
April 1, 2016 - $19,208,292,899,234
Socialism Is Legal Plunder - Bastiat
6. But the grand nostrum will be a public debt…
7. It must not be forgotten that the members of the legislative body are to have a deep stake in the game. This is an essential point, and happily is attended with no difficulty. A sufficient number, properly disposed, can alternately legislate and speculate, and speculate and legislate, and buy and sell, and sell and buy, until a due portion of the property of their constituents has passed into their hands…
8. (4) A great debt will require great taxes; great taxes, many taxgatherers and other officers; and all officers are auxiliaries of power.
9. The management of a great funded debt and a extensive system of taxes will afford a plea, not to be neglected, for establishment of a great incorporated bank. the use of such a machine is well understood. If the Constitution, according to its fair meaning, should not authorize it, so much the better. Push it through by a forced meaning and you will get in the bargain an admirable precedent for future misconstructions.
10. “Divide and govern”
11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks.
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
/debt slavery
When the Feds stop payment, ohio is up $hit creek.
Like Obama he considers $27.5 billion to be small change.
In a barbed wire canoe...
Ohio is not alone in this. Before Expanded Medicaid, under straight Medicaid, there was means and asset testing. However, since Expanded Medicaid tests only income and not assets, Estate Recovery Collections are a tool that the states will HAVE to employ. Most states already have this on the books, but seldom use it.....for now.
Ultimately a huge tax increase on all Ohioans, which was NOT voted on by the Legislature, as Kasich did an end-run around them with a bureaucratic process.
Ah, but one has to wonder if they weren't being duplicitous. The local rep around these parts is a conservative Republican who consistently blames Kasich for all money going to K'Sick's schemes while our local roads crumble and towns can't afford the basics. But, my gosh, guess what she did when our gov's primary victory was in question? Yup, she endorsed the gov and put out a robo-call begging us to vote for him.
Every Republican I know around these parts (except for employees of some contractors) is a Trump supporter. Can't figure out the primary results, from what I see.
WHat’s $27B when you have close to $20T debt?!?!?
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