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REPUBLICAINS IS THIS TRUE ?

Report: Obamacare a Good Deal for States

States will receive more than $9 in federal money for every $1 they spend to cover low-income residents under President Barack Obama's health care law, according to a nonpartisan analysis released Monday.

Expanding Medicaid to cover about 20 million more low-income people will cost over $1 trillion nationally from 2013 to 2022, said the joint report from the Kaiser Family Foundation and the Urban Institute. But the analysis found that states will pay just $76 billion of that, a combined share of roughly 7 percent. The feds will pay the other $952 billion.

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  • 8 years ago
    Favorite Answer

    Yea!!! The Federal Government gets to borrow more money from China!!!!!

    Pretty soon China will realize that the criminals who claim to represent us in Washington, DC are not a good credit risk and then the parasites will have to face reality.

  • Who do you think the feds are? Here is an analogy. If the head of a family was very generous and bought gifts for the rest of the family but spent so much that there was no money left for the rent payment and you all ended up homeless would that be something to brag about?

    Debt is real, even the Greeks know that.

  • Anonymous
    8 years ago

    Where does the fed get the $952 billion?

    Therein lies the problem.

  • virgod
    Lv 7
    8 years ago

    Nope, it's not. Otherwise obamacare wouldn't be shoved down our throats and 16 states wouldn't refuse to implement it. I am not here to educate you, but when government takes over people's health care, they assume a control over our lives. If that's what you want, then you got it.

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  • wtinc
    Lv 7
    8 years ago

    Its not a good deal, as most of your states are much like the federal government there broke plain and simple.

  • Anonymous
    8 years ago

    Oh great, I have to help pay $952 Billion. Taxes, Taxes, Taxes........

  • Anonymous
    8 years ago

    where do the states and he feds get all this money from?

  • Anonymous
    8 years ago

    i dont think this is true. but if it is, that sounds terrible

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