Wednesday, May 19, 2010

Democrats Admit: Health “Reform” Will Increase the Deficit

I wanted to draw your attention to a Dear Colleague letter circulating in the House regarding extension of state Medicaid relief in the “extenders” package currently pending (HR 4213).  The letter – signed by 216 House Democrats – asks for an extension of the “stimulus” increase in federal Medicaid funding because otherwise “states and territories will not have the resources they need to successfully implement health reform.”

In other words, Democrats have admitted that their $2.6 trillion health “reform” bill did not give states adequate funding to implement the law.  And since no Democrat has proposed paying for the nearly $25 billion in additional federal spending associated with a six-month extension of the Medicaid provision, this money will be added to our record trillion-plus dollar deficit.  Even though the majority promised that their health care law would REDUCE the deficit, they have now admitted that they first need to INCREASE the deficit to implement that law.  Or, to use Joe Biden’s phrase, Democrats need to spend money to keep the country from going bankrupt  – which many concerned about skyrocketing federal spending might consider a “big deal.”