Obamacare Is Not Reform. It’s Just Medicaid on Steroids.
Conn Carroll /
Congressional budget analysts have given House leaders cost estimates for two competing versions of their plan to overhaul the health-care system … The report from the Congressional Budget Office, a copy of which was obtained by The Washington Post, puts the cost of one plan at $859 billion over the next decade and the other at $905 billion. … The cheaper version would rely heavily on a more dramatic expansion of Medicaid, the government health plan for the poor that is funded partly by the states — meaning already-strapped governors would have to pick up more of the cost of reform.
As we detailed this morning, the Senate Finance Committee bill attained its sub $1 trillion CBO report by shoving 14 million Americans into Medicaid. Medicaid is a convenient method for hiding the true cost of Obamacare because state and local governments pick up part of the tab. (more…)