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July 4, 2012
Can the states unravel ObamaCare?
Most states have not yet established health care exchanges under the Affordable Care Act, and therein lies a potential snag for the master planners of ObamaCare. Referring to last week's Supreme Court ruling, Michael Tanner of the Cato Institute, posted at Real Clear Politics and the New York Post, reports: By striking down part of the law that required states to expand their Medicaid programs, the court tossed a very hot potato into the laps of state lawmakers everywhere. Tanner points out that the Medicaid expansion under ObamaCare would cost New York state, for example, up to $52 billion over ten years. If New York and other states balk at the cost: ...most of those who would've been eligible for Medicaid will now become eligible for subsidies through ObamaCare's health-insurance exchanges. And those subsidies are paid in full by the feds. Of course, if states do shift those costs back to the feds, that will cause the federal cost of ObamaCare to skyrocket. If every state...(Read Full Post)