Politico is reporting that some states have announced cuts to their medicaid budgets because of the loss of tax revenue, which of course is due to the closing down the economy. Now, it's not the first time that states have cut medicaid spending. It happened during the last economic slowdown, but experts warned this time it's going to be worse because under Obamacare, the number of people using medicaid skyrocketed by millions. Now that's not bad enough. There are millions of people newly
out of work. A bunch of them are going to seek out for medicaid just as the money is running out. Now, in the first coronavirus bailout legislation, Congress gave states a temporary six percent increase to cover medicaid that some states are crying and moaning it's not enough. They need more money, and they don't want chump change. They want billions and billions more. They want hundreds of billions, and they want it now. And the Democrats in Congress of course want
them to have it now. So you might be asking, well, why don't the states cut their budgets in other areas if medicaid such a priority or you might ask, where are these billions of dollars supposed to come from? Well, you can ask all you want. There never will be an answer. States want more money, and we're supposed to come up with it. In the story. It's just apparently how it works now, except for you. You want more money. Screw you. You can't even go back to work yet, chump.