Published by Human Events
by Foundation Vice President Kate Obenshain
12/23/2009
Sen. Ben Nelson’s “Cornhusker Kickback” for Nebraska may have given
Harry Reid his coveted sixtieth vote, but it comes at a price for the
other states, states that are already feeling the hammer of rising
Medicaid costs.
Just coming to light is a concern that has
been giving governors heartburn for months: the fact that states are
going to be hit with a monstrous financial burden with the passage of
Obamacare, and none are in a position to handle it.
President
Barack Obama intoned ominously just last week that “the federal
government will go bankrupt” unless his federal takeover of health care
passes Congress. Few believe the rising costs resulting from this
health care bill will be much of a protection against bankruptcy. One
thing is for sure, though: passage of the health care bill with a
massive expansion of Medicaid will bankrupt the states.
read more at Human Events online
