Saturday, February 21, 2015

California Flounder in trouble on Obamacare

CalWatchdog: “State lawmakers this week said the latest enrollment news is alarming, and that even if a new pending rate request hike goes through, there is concern the state will run out of funding to care for its Medicaid recipients. State Medicaid costs are up 4.3 percent this year while federal share of costs for new enrollees will begin dropping in 2016, according to Gov. Jerry Brown.”

We knew that the Floundering legislature would screw this up.  For the rest of the nation, California has once again become the likely source of your next recession.

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