George W. Bush Couldn't Do It
But a minority of the California State Legislator is about to impose dramatic cuts in the State Children's Health Insurance Program. Kelly Weiss reports on this on Morning Edition today.
As a part of our efforts to avoid bankruptcy, while not raising taxes or charging oil extraction fees or, in general, inconveniencing the rich, those generous "founders of our feast", the state will cut as much as one third of its budget for children's health insurance, losing two to five dollars in Federal matching funds for each dollar cut.
We have already frozen enrollments. Cuts are likely.
Last year over 2/3 of the Congress voted to override a veto that would have imposed cuts on SCHIP. Today a little more than 1/3 of the California legislators have managed to impose these cuts in at least one state.
As a part of our efforts to avoid bankruptcy, while not raising taxes or charging oil extraction fees or, in general, inconveniencing the rich, those generous "founders of our feast", the state will cut as much as one third of its budget for children's health insurance, losing two to five dollars in Federal matching funds for each dollar cut.
We have already frozen enrollments. Cuts are likely.
Last year over 2/3 of the Congress voted to override a veto that would have imposed cuts on SCHIP. Today a little more than 1/3 of the California legislators have managed to impose these cuts in at least one state.



Everyone knows yachts and mansions provide more marginal utility than juvenile cancer treatment!
On the contrary. Friedman proved that the marginal utility of income is decreasing.
WA
Reply to this