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The more likely the State will suffer if that money goes away. If we can't patch the hole that is left, should we take the chance in the first place? With an ever increasing Federal debt, cuts in spending become a necessity. Plan ahead to be safe and be solvent when other states go under.
The President is out campaigning every day that he isn't golfing and the press rightly uses ink to cover him leaving little room for everyone else.
The low end of middle class is $50,000 as a family of four at that income can qualify for MinnesotaCare which means you're poor or in the lower class. The "tax the rich" starts at $150,000 thus setting the top end of the middle class. I'd have to agree that the middle class is being squeezed, from both sides.
2010-2011 spending just under $30 billion
2012-2013 spending of about $34.5 billion
Governor's 2014-2015 proposal just under $38 billion
Someday I hope to see the figures showing which state departments are actually spending less money from one biennium to the next. 2010-2011 spending drop of almost $4 billion doesn't count, that was the evil Pawlenty.
Because both the House and Senate passed it and the President signed it. The spending reductions don't put a dent in the federal debt. We're spending over a trillion dollars a year more than we take in so reducing spending by a trillion dollars over ten years means we're still adding another nine trillion dollars to the debt over ten years. And that assumes that we only spend one trillion more than we have each year which will probably seem like the good old days in five years.
But if the "tax the rich" works there will still be more revenue which will be needed.
The exchanges might be used by 20% of Minnesotans. The companies would still need to promote their products to the other 80%. Eventually it is hoped that the exchanges cover more people as the ACA rules force more businesses and individuals into the exchanges but that may take awhile.
This idea of getting the money from those providing the help does fit with other recent healthcare improvements made by the government though. We are taxing the manufacturers of the medical devices...
My gosh, you need a "homeless person" ap for your phone so that as you're walking down the street texting you know when to step over all the homeless people.
Seems like they had to take some responsibility in the last couple of years.
It will create less jobs to build a pipeline across the country than to build a football stadium a few acres big.