Tuesday, February 26, 2013

Judas Christie to Go All Out Healthcare Statist

Gov. Chris Christie will expand the state's Medicaid program to cover 300,000 uninsured New Jersey residents, reports The Star-Ledger

The governor's new budget, which he plans to unveil at joint session of the Legislature this afternoon, also relies on state revenue growth of 4.9 percent and delays some property tax rebates for local taxpayers, according to three sources with knowledge of the budget plan who spoke on the condition of anonymity.

The revised Medicaid program would shift 100 percent of the costs to the federal government for these new enrollees for the first three years, then gradually taper it to 90 percent. The state could expect $1.7 billion a year to cover the costs.

2 comments:

  1. In other news, businesses and healthcare providers flee New Jersey for more free-market friendly states.

    Like Texas.

    ReplyDelete
    Replies
    1. yes but that takes a while to do meanwhile our fat friend gets the benefit now.

      Delete