Monday, April 18, 2016

President Obama Double Downs On Medicaid's Failures

File:Medicare and Medicaid GDP Chart.svg
Photo Courtesy of Wikimedia Commons

By Sally Pipes, Forbes

President Barack Obama is calling on taxpayers to shell out more money for his health reform law’s disastrous Medicaid expansion.

The president recently asked Congress to approve $106 billion in new Medicaid spending over the next 10 years. Nevermind that the Congressional Budget Office just concluded that, as is, Medicaid spending will add $1.3 trillion to the federal deficit by 2025. That’s $136 billion more than the agency projected last year.

And it’s not as if those dollars are being spent wisely. Obamacare’s Medicaid expansion is sticking taxpayers with a huge bill while doing little to help low-income Americans actually gain access to high-quality healthcare.

READ THE ENTIRE ARTICLE FROM FORBES

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