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Governors: Please Sir, May I Have Some More

by | 7:22 pm, July 1, 2010 | Comments Off

From the Denver Post:

Governors from across the country pleaded Wednesday for Congress to pass legislation extending special funding for Medicaid programs, arguing state budgets would suffer without them.

...

[Colorado Governor Bill] Ritter was among the 10 governors who spoke with reporters in a nationwide teleconference, which included two Republicans.

States have been sucking off the Federal government's teat for some time. The problems the states are facing is only going to get worse as ObamaCare come into effect. States are going to have to foot the bill for much of the expanded coverage.

Take a look at this little gem.

But a recent attempt to muster 60 votes for the proposal in the Senate failed, and some fear the FMAP extension may be dead, as a number of members of Congress balk at the $24 billion price tag.

Republican Gov. Arnold Schwarzenegger of California said failing to approve the extension would cause California to make an additional $18 billion in cuts. "The importance of this extension cannot be overstated," he said.

Check out the math. If California has to make $18 billion in cuts because it doesn't get it's share, what do you think it's share is? Is it, perhaps $18 billion? That would leave $6 billion for the other 49 states. It looks like a California bailout with the rest of the nation paying for California's lack of fiscal restraint.

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