Expanding Medicaid Bad Deal for Nebraska
President Obama wants states to help operate his health care law by expanding Medicaid.
The carrot being waved to state legislatures is for three years the federal government will pick up the tab, after that the states will only be asked to take on a ‘small’ percentage of the cost.
Unfortunately, there is a group of Nebraska state senators buying this concept that federal money is ‘free money’.
Sen. Kathy Campbell has introduced legislation to expand the Medicaid program under President Obama’s health care law. The bill, LB 577, receives a public hearing before the Legislature’s Health and Human Services Committee on Feb. 28th.
We are asking you to contact members of the HHS Committee and let them know three things:
1) Federal money is not ‘free money’. Whether spent by Washington D.C. or Lincoln; the funding is not free. It comes from our pocket books. And every working American already took a hit with the payroll tax increase that funds President’s health care law.
2) Government should not expand entitlement programs at a time when current spending is unsustainable. The Washington Post, not exactly a hot bed of free-market reporting, estimates expanding Medicaid in this way will cost $808 billion and Gov. Heineman has estimated it will cost Nebraska as much as $766 million.
Increasing spending as imprudently as President Obama has done is neither fiscally responsible nor ethical. Expanding entitlement programs at this rate will bankrupt our social safety net and prohibit government from providing support for those who truly need it.
3) Relying on the federal government as a funding partner is like trusting Bernie Madoff with your retirement investment. Eventually the scheme falls apart and you’re left with nothing.
The federal government is over $16 trillion in debt and every year we take on new record deficits. Neither the President nor Congress has shown any willingness to lead.
Unless our fiscal house is put in order, the federal government will run out of money to spend. Whether it is through sequestration or the printing presses quit printing money, without significant reform the federal government will run out of money. In this reality, for state governments to trust in the federal government as a reliable funding partner for expanding entitlement programs is, to say the least, irresponsible.
Nebraska’s taxpayers should not be left footing the bill for President Obama’s reckless spending.
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