Archive | State Budget

NEW HAMPSHIRE BACKING OFF OBAMACARE MEDICAID EXPANSION

Facing the need to cut the budget, New Hampshire is moving to sunset ObamaCare’s Medicaid expansion which gives a free health insurance entitlement to single, able bodied, childless adults. According to the Manchester Union Leader, “During a Sunday budget review session, members of the House Finance Committee, Division III, voted 6-3 to remove an item […]

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Cuts to “free” Obamacare exchange trigger Rhode Island Health Tax

Two years ago, the conservative majority in the Legislature and Governor McCrory shocked the elites by rejecting a federal grant and declining to establish an ObamaCare health insurance exchange. Thundering through the cyberspace of N. C. Policy Watch, the left-wing house organ fund by WRAL owner Jim Goodmon, Adam Searing declared “It’s time for the […]

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THE 3% SOLUTION?

THE 3% SOLUTION? Here’s a goal for reform to tame the Medicaid monster. Let’s limit spending increases to 3%. In 2013, the state spent 3.40 billion state dollars for Medicaid. We don’t know what actual spending will wind up being for 2014 but an 8.5% increase is authorized. Now look at the Governor’s proposed spending […]

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MEDICAID MONSTER THREATENS GOVERNOR’S SOUND BUDGET

A predictable, overblown reaction from the bigger government lobby at the News and Observer is a clear signal Governor McCrory produced a fiscally responsible budget last week. While limiting overall spending growth below population plus inflation, the Governor devotes an additional $237 million to public education to hire 1400 new teachers, raise teacher pay, buy […]

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MEDICAID MONSTER MUNCHES THE BUDGET

Since the voters elected a Republican Legislature in 2010 for the first time in over a hundred years, they’ve balanced the budget, reduced debt and reformed the tax code. And government spending growth has been brought under control. In fact, spending growth is less than 2.5% a year. But another glaring fact can’t be swept […]

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ST. VALENTINE’S DAY MORALITY OR MASSACRE?

On Valentine’s Day, the Democratic Party’s shock troops, the Moral Monday protesters, gathered in Raleigh under the command of Moral arbiter in chief, NAACP President William Barber. Reverend Barber bills his protest march as right, namely himself , against wrong, the ”extremist” Republican Legislature. And to put it mildly, the philosophical difference between Barber’s Democrats […]

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MEDICAID EXPANSION SHRINKS PRIVATE SECTOR

A new study by State Budget Solutions examines the relationship between the size of the private sector economy in a state relative to the government. Their theory is straightforward. While the private sector creates wealth, government mainly redistributes it. Here is a key finding. “When examining the lower 48 states, the analysis finds that, on […]

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