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Near Bankrupt Massachusetts Received Stimulus Funds to Pay For Romney-Care

Liberty Letters Quote of the Day, The New American, Thomas R. Eddlem (with brief commentary from Steve Farrell)

Just one example of what happens when we move in the direction of socialized healthcare. Thomas R. Eddlem, writing in today’s New American, notes:

The Massachusetts fiscal crisis is extraordinary because the state has been raking in the bucks from federal stimulus money for its healthcare experiment. The nonpartisan Massachusetts Budget and Policy Center noted:

Nationally, one of the largest single allocations within the American Recovery and Reinvestment Act (ARRA) is more than $128 billion provided to states for health care. Massachusetts will receive an estimated $17.7 billion through ARRA programs, grants, and direct benefits.

This means Massachusetts, with just two percent of the nation’s population, will receive nearly 14 percent of stimulus money for healthcare, seven times its share.

But that hasn’t been enough money for the burgeoning Massachusetts healthcare budget, already under assault by high premiums for state employees and Medicare and Medicaid premiums.

Massachusetts State Treasurer Tim Cahill warns that Romneycare “is bankrupting the state and would have bankrupted our state if not for the federal government being overly generous with Medicaid reimbursements over these last four years. They’ve really propped the system up to keep it in place.”

Yet, over in Washington, D.C., Democratic leaders trumpeted the similar healthcare package on the federal level as a deficit reducer.

Read this important article at The New American >>>

But on a national level it will trim the deficit, right? Right. ‘Tell a lie, make it big, repeat it often …’

Liberty Letters is a project of The Moral Liberal. Compiled, and edited (with occasional commentary) by Steve Farrell.

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