4 • 5.3K Ratings
🗓️ 8 May 2020
⏱️ 2 minutes
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0:00.0 | Politico is reporting that some states have announced cuts to their Medicaid budgets |
0:05.6 | because of the loss of tax revenue, which of course is due to the closing down the economy. |
0:10.9 | Now, it's not the first time that states have cut Medicaid spending. It happened during the last |
0:15.5 | economic slowdown, but experts warned this time it's going to be worse. Because under Obamacare, |
0:21.5 | the number of people using Medicaid skyrocketed by millions. Now, that's not bad enough. There are |
0:27.7 | millions of people newly out of work. A bunch of them are going to seek help from Medicaid, |
0:32.8 | just as the money is running out. Now, in the first coronavirus bailout legislation, |
0:39.2 | Congress gave states a temporary 6% increase to cover Medicaid. But some states are crying and |
0:45.2 | moaning. It's not enough. They need more money and they don't want Trump change. They want |
0:50.3 | billions and billions more. They want hundreds of billions and they want it now. And the Democrats |
0:55.5 | in Congress, of course, want them to have it now. So you might be asking, well, why don't the |
1:00.8 | states cut their budgets in other areas? If Medicaid's such a priority or you might ask, |
1:07.1 | where are these billions of dollars supposed to come from? Well, you can ask, |
1:11.6 | oh, you want, there never will be an answer. States want more money. And we're supposed to come |
1:17.3 | up with it. In the story, it's just apparently how it works now. Except for you, you want more money. |
1:23.2 | Screw you. You can't even go back to work yet. Trump? |
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