-By Warner Todd Huston
I suppose it makes it easier for Obama to claim that his healthcare policies are “revenue neutral” when the federal government just makes rules and expands healthcare services that it doesn’t fund then turns around and forces the states to pay for much of it out of groaning state budgets, but that seems like what is happening.
The Congressional Budget Office has reported that the costs of Obamacare’s mandates will fall heavily on the states . Obamacare will increase Medicaid coverage to one in five Americans, a growth from 50 million to 60 million Americans covered.
According to the CBO these unfunded mandates will cost the states an estimated $33 billion. Naturally, this estimate is likely low and costs to state budgets will be much higher in reality.
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State Budgets Busted By S-Chip, Medicaid Mandates”