Testimony of Tom Pearson regarding Medicaid Expansion
Medicaid is a crushing burden in most states, debt is exploding at city, state and federal levels. Pension costs in many states are unaffordable.
This has to stop!
Our federal government has over $17 trillion in debt. The federal government borrows 40% of what it spends.
Medicaid expansion supporters say the feds will pay 100% of Medicaid expansion expenses for three years and 90% thereafter.
In view of the federal debt and annual deficits, federal reimbursement is an empty promise.
Further, we are both New Hampshire and U.S. taxpayers; further expenses should be rejected.
Tom Pearson, Rye, NH
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