Wednesday, September 15, 2010

Rogue States - Reason Magazine


Obamacare, Nightmare #1: Funding the high-risk pool of individuals without health insurance. At this point, some 7 million people might possibly qualify, with, perhaps, 200,000 actually covered with federal funding. Question: Where does the money come from to fund the rest? Answer: Either the states, or nowhere at all. And the states, unable to print money and burdened with their own funding issues, simply do not have the cash. And they are going Howard Beale at the prospect of having to find it.

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